PAC-3 missile contract for as much as $1.8 billion signed between Lockheed Martin, U.S. Army
NewsDecember 26, 2018
BETHESDA, Md. Lockheed Martin has signed a potential $1.8 billion contract to produce and deliver missile interceptor systems to the U.S. Army and foreign military sales customers.
Lockheed Martin is set to supply its Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors -- which work to counter incoming aircraft, cruise, and tactical ballistic-missile threats -- along with launcher modification and related kits.
Along with the U.S. Army, countries including Germany, Kuwait, Japan, Qatar, South Korea, Saudi Arabia, Taiwan, the Netherlands, United Arab Emirates, Poland, Sweden, and Romania have ordered PAC-3 and PAC-3 MSE as part of missile-defense modernization efforts.
