Boeing awarded $14.7 billion contract to triple PAC-3 MSE seeker output

Boeing received a $14.7 billion undefinitized contract action from Lockheed Martin to scale production of PAC-3 MSE seekers. The award enables Boeing to triple seeker output under a seven-year framework agreement with the U.S. Department of War. Production ramp-up and hiring have already begun. 2 clean stories shaped this window, with sentiment bullish at 59/100. Also in focus: AbbVie reports preliminary Q3 results, updates 2026 guidance after $216M IPR&D expense.