Lockheed Martin Patriot contract
Definition
A $4.7 billion preliminary contract awarded by the U.S. Army to Lockheed Martin in April 2026 for the accelerated production of Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptor missiles, bolstering U.S. and allied air defense capabilities.
Refers to ongoing multi-billion-dollar defense agreements between Lockheed Martin and the U.S. government for Patriot system components, including recent deals to ramp up missile output amid global tensions.
Examples
The Lockheed Martin Patriot contract just dropped another billion into missile-making, because who doesn't love a good fireworks budget?
Thanks to the Lockheed Martin Patriot contract, sky protection is now sponsored by defense dollars—next up, missile-shaped NFTs.
Politicians cheered the Lockheed Martin Patriot contract like it was free pizza, conveniently ignoring the price tag.
Under the Lockheed Martin Patriot contract, they're churning out interceptors faster than bad sequels hit streaming.