Lockheed Martin received $1.45 Billion Production and Delivery Contract for PAC-3 Missiles

Specifications:

Name:

Lockheed Martin received $1.45 Billion Production and Delivery Contract for PAC-3 Missiles

Location:

USA

Company:

Lockheed Martin

Estimated Cost:

$1.45 Billion

Source:

news.lockheedmartin.com

Introduction:

Lockheed Martin was awarded a new $1.45 billion contract for production and delivery of Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors from United States and Allied Military Forces.

Features:

The contract includes PAC-3 and PAC-3 MSE missile deliveries for the U.S. Army, and Foreign Military Sales of PAC-3 interceptors, launcher modification kits, associated equipment and spares for Qatar, the Republic of Korea, the Kingdom of Saudi Arabia, Taiwan and the United Arab Emirates.

The PAC-3 Missile is a high-velocity interceptor that defends against incoming threats, including tactical ballistic missiles, cruise missiles and aircraft. PAC-3 currently provides missile defense capabilities for six nations – the U.S., the Netherlands, Germany, Japan, the United Arab Emirates and Taiwan. Kuwait also is under contract to procure PAC-3 missiles.

Building on the combat-proven PAC-3, the PAC-3 MSE missile uses a two-pulse solid rocket motor that increases altitude and range to meet evolving threats.