L3Harris Receives Landmark PAC‑3 MSE Propulsion Contract to Power America's Arsenal of Freedom
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received an undefinitized contract award from Lockheed Martin, valued at $4.7 billion over seven years, to produce propulsion systems for the PAC-3® Missile Segment Enhancement (MSE) interceptor. The multi-year contract is L3Harris' largest PAC-3 propulsion award to date, which aligns with the long-term framework agreement established with the Department of War. “Receiving this contract at unparalleled speed allows us to co.