Lockheed Martin receives $1.5 billion missile deal

Dallas – United States and allied military forces are set to upgrade key missile defense capabilities under a new $1.5 billion contract for production and delivery of 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, associated equipment and spares for the Republic of Korea, the Kingdom of Saudi Arabia, Qatar, 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 using hit-to-kill technology. PAC-3 currently provides missile defense capabilities for six nations – the U.S., the Netherlands, Germany, Japan, United Arab Emirates, and Taiwan; and Lockheed Martin is on contract with four additional nations – Kuwait, Qatar, South Korea, and Saudi Arabia.

 

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.