Boeing, DOW sign 7-year framework to expand PAC-3 seeker production

Boeing (BA) and the U.S. Department of War, DOW, have agreed to a seven-year framework to triple production of PAC-3 seekers to meet global demand for air and missile defense to protect service members, civilians and critical infrastructure. The effort is a cornerstone of the Arsenal of Freedom, a national initiative to strengthen the defense industrial base and secure a future of peace through strength. Boeing-built seekers enable U.S. and allied PAC-3 interceptors to identify, track and defeat advanced threats ranging from hostile aircraft and hypersonics to ballistic and cruise missiles. The framework agreement enables a massive increase in the supply of seekers needed to expand the protection provided by the world’s most advanced air defense system. Boeing has invested more than $200 million since 2024 to expand PAC-3 seeker production capacity in Huntsville, Alabama, including a 35,000-square-foot facility expansion. The framework paves the way for additional, cash-neutral Boeing investments throughout the production value stream, providing certainty to meet growing demand.