Lockheed Martin to get $1.1 billion for Patriot missiles
The contract is for production and delivery of Lockheed Martin-built Patriot Advanced Capability-3 (PAC-3) missiles and PAC-3 Missile Segment Enhancement (PAC-3 MSE) missiles.
The contract includes PAC-3 and PAC-3 MSE interceptor deliveries for the U.S. Army, and Foreign Military Sales of PAC-3 interceptors, Launcher Modification Kits, associated equipment and spares for the Kingdom of Saudi Arabia, the Republic of Korea and Qatar.
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, United Arab Emirates and Taiwan.
In addition to the three countries included under this contract, Lockheed Martin is also under contract with Kuwait.
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. ■