India, Sept. 1 -- The Department of War has announced the signing of two pivotal framework agreements with General Dynamics Ordnance and Tactical Systems (GD-OTS) and Lockheed Martin. These agreements initiate seven-year multiyear procurement contracts designed to increase production and accelerate delivery schedules for critical missile subcomponents supporting the Terminal High Altitude Area Defense (THAAD) and Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptor programs.

General Dynamics will execute the rapid scale-up of highly specialized interceptor components. Key production goals under the new frameworks include tripling the production capacity of PAC-3 MSE interceptors, quadrupling the production capa...