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U.S. Army Awards Lockheed Martin Contract to Increase PAC-3 MSE Production Capacity
November 14, 2024 | Lockheed MartinEstimated reading time: 1 minute
The U.S. Army recently awarded Lockheed Martin a contract to support increasing production capacity to 650 Patriot Advanced Capability – 3 (PAC-3®) Missile Segment Enhancements (MSEs)per year. This is a vital step in significant efforts to meet the global demand for the world’s most advanced missile.
“Demand for PAC-3 MSE’s combat-proven deterrence capabilities continues to grow at a rapid pace,” said Brian Kubik, vice president of PAC-3 Programs at Lockheed Martin Missiles and Fire Control. “To meet the increased demand, Lockheed Martin started this effort with internal funding more than a year ago to expand the PAC-3 MSE production capacity, both in our factories and across the supply chain. We are also investing to implement lean, agile processes to deliver this critical product to our partners more efficiently.”
Over the last eight months, the PAC-3 team has significantly increased output and achieved new record highs for missile production. In 2024, production has grown by more than 30% with another 20% growth planned for next year.
Lockheed Martin is on track to produce in excess of stated capacity for the next several years.By the end of 2024, Lockheed Martin will have exceeded 500 PAC-3 MSEs, a new production high. The team also recently completed the 2,000th PAC-3 MSE missile– a significant milestone in the life of the program.
The production ramp up of critical systems like PAC-3 is a key component of Lockheed Martin’s 21st Century Security® vision which aims to strengthen the defense industrial base and develop more advanced, modernized solutions. As Lockheed Martin continues to ramp up production to meet demand, PAC-3 MSE remains at the forefront, addressing both current and emerging threats with unwavering precision and effectiveness.
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PCB Fabricator Cistelaier Receives ESA Qualification
12/16/2024 | CistelaierThe capability and independence of its space industry are strategic for Europe, and the European Space Community needs a qualified, resilient supply chain with adequate production capacity. Specifically, it requires greater production capacity in PCB manufacturing. On this premise, in early 2020, Cistelaier began the process of obtaining an ESA qualification.
Scanfil Suzhou Factory Receives Sustainability Award from Thermo Fisher Scientific
12/16/2024 | ScanfilThermo Fisher Scientific granted a Sustainability Award to Scanfil’s Suzhou factory at the APAC Sustainability Summit. This accolade highlights Suzhou’s dedication to sustainable practices.
Global Semiconductor Market to Grow by 15% in 2025, Driven by AI
12/13/2024 | IDCThe global demand for artificial intelligence (AI) and high-performance computing (HPC) will continue to rise, growing by over 15% in 2025, according to IDC ’s latest Worldwide Semiconductor Technology Supply Chain Intelligence report. Major application markets, ranging from cloud data centers to specific industry segments, are expected to undergo upgrades, heralding a new boom for the semiconductor industry.
Saki Introduces Advanced X-Ray Inspection System for Next-Generation Miniaturized and Slim Power Modules
12/11/2024 | Saki Corp.Saki Corporation, an innovator in the field of automated optical and X-ray inspection equipment, is pleased to announce the launch of the 3Xi-M200v3, the latest addition to its acclaimed 3Xi-M200 AXI series.
Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities
12/11/2024 | ACN NewswireVolatus Aerospace Inc. is pleased to announce the integration of key assets and capabilities from Air Data Systems (ADS), based in the United Kingdom, marking a strategic expansion of its global aerial solutions ecosystem.