08:47 AM EDT, 10/14/2025 (MT Newswires) -- Boeing ( BA ) said Tuesday that it has received a combination of multiyear contracts valued about $2.7 billion to deliver more than 3,000 Patriot Advanced Capability-3 seekers through 2030.

Under the deal, Boeing ( BA ) said it will work with prime contractor Lockheed Martin ( LMT ) and the US Army to increase production rates to up to 750 units per year through 2030.

PAC-3 seekers enable Patriot interceptors to identify, track and destroy hypersonic projectiles, aircraft, and ballistic and cruise missiles, the company said.