Lockheed Martin lands $1bn US Army contract for PAC-3 Edge

The US Army awarded Lockheed Martin a roughly $1.08 billion agreement to develop PAC-3 Edge under its Future Interceptor programme. Building on PAC-3 MSE technology, the interceptor combines a new Lockheed Martin seeker, a Northrop Grumman multi-pulse solid rocket motor and upgraded controls intended to increase engagement range, altitude and manoeuvrability. Testing is planned to begin in 2027, with the company targeting readiness for deployment by 2031. The development award uses an Other Transaction Agreement and supports a future interceptor capability rather than procurement of operational PAC-3 Edge missiles for immediate delivery.