The company will expand production capacity for PAC-3 MSE missile components with a $65M plant and $25M contract advances.
Park Aerospace Corp. announced a $65M investment to build a new manufacturing plant in Tulsa, aimed at supporting increased production of PAC-3 Missile Segment Enhancement (MSE) components. The facility will bolster the company’s capacity to meet growing defense contract demands.
The $25M in advances from ArianeGroup under the C2B program will further accelerate the PAC-3 MSE ramp-up. The investment follows prior fiscal commitments and aligns with long-term defense sector growth trends.
Management highlighted the strategic importance of the Tulsa plant and ArianeGroup partnership during the Q1 fiscal 2027 earnings call, emphasizing their role in securing future contracts.