LM and Diehl Defence to Expand PAC-3 MSE Global Supply Chain

Lockheed Martin (NYSE: LMT) and Diehl Defence have entered into a Memorandum of Understanding (MOU) to explore collaboration opportunities for Integrated Air and Missile Defense (IAMD).  

THE BIG PICTURE 
Under the agreement, the companies will explore expansion of the supply chain for the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE), research and development, and other activities.  

WHY IT MATTERS 

• By combining their unique expertise and complementary skills, Lockheed Martin and Diehl Defence seek to tackle pressing defense and security issues. 
• The PAC-3 MSE is a cornerstone of U.S. and European air and missile defense. The interceptor is combat proven against ballistic missile, cruise missile, hypersonic and airborne threats.  
• The United States and Germany are two of 17 partner nations that have chosen PAC-3 to defend against air and missile threats. This partnership is expected to increase allied supply chain resilience, creating new business opportunities benefiting both sides of the Atlantic. 

EXPERT PERSPECTIVES 
“Recent real-world performance has increased the demand for PAC-3 MSE for America and allied nations. To meet this growing demand, Lockheed Martin is surging production to accelerate the delivery of this critical defense capability to our global customers,” said Jason Reynolds, vice president of IAMD at Lockheed Martin. “By deepening our collaboration with industry leaders like Diehl Defence, we can ensure a more resilient and responsive supply chain that supports allied defense.”  

“The rapidly changing security situation is posing new demands to defence industries. To further strengthen the capabilities of the alliance and our international customers is our mission. Diehl Defence and Lockheed Martin share aligned core competencies, complementary capabilities, and common expertise in this mission area,” commented Torsten Cook, Senior Vice President of GBAD at Diehl Defence. “Cohesion and resilience need also to be reflected by the defence industries.” 

Lockheed Martin has been a partner to German industry for more than 50 years and continues to expand these partnerships through cooperation with leading innovative companies such as Diehl Defence.