Lockheed Martin receives PAC-3 contract
Lockheed Martin has received a production and delivery contract from the US military for Patriot Advanced Capability-3 (PAC-3) missiles and PAC-3 Missile Segment Enhancement (PAC-3 MSE) missiles, the company announced on 14 December.
The contract, worth $1.1 billion, includes deliveries of PAC-3 and PAC-3 MSE interceptors for the US Army, and PAC-3 interceptors, launcher modification kits, and associated equipment and spares that will be supplied to Saudi Arabia, the Republic of Korea and Qatar under foreign military sales.
Scott Arnold, vice president of PAC-3 programs, Lockheed Martin, said: ‘Our PAC-3 and PAC-3 MSE interceptors are the most trusted and capable terminal air defence missiles in the world, and we're proud to support our customers as they protect soldiers, citizens and infrastructure from adversary threats. All Lockheed Martin-built missile defence interceptors utilise advanced hit-to-kill technology enabling better accuracy, enhanced safety and improved reliability when it matters most.’
The PAC-3 Missile is a high-velocity interceptor that defends against incoming threats including tactical ballistic missiles, cruise missiles and aircraft. The PAC-3 MSE builds on the PAC-3, using a two-pulse solid rocket motor to increase altitude and range.
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