Boeing Awarded $2.7 Billion Contract for Patriot Missile Components

Boeing received a multiyear contract from the Pentagon to produce 3,000 seekers for the Patriot missile interceptor. The Patriot missile defense system is in high demand by the US and its allies. 

“Boeing has been awarded a combination of multiyear contracts valued at approximately $2.7 billion to produce additional Patriot Advanced Capability‑3 (PAC‑3) seekers,” a statement from the arms giant explained. “Under the agreements, Boeing will. . .