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Missile Defense

Lockheed Martin Wins $524 Million Contract For More Patriot Missile Interceptors

Thursday, February 8th, 2018

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Lockheed Martin Wins $524 Million Contract For More Patriot Missile Interceptors

Launch of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE) interceptor. (Photo: Lockheed Martin)

The U.S. Army awarded Lockheed Martin a $524 million modification Tuesday to a domestic and foreign military sales (FMS) contract for Patriot Advanced Capability-3 missile segment enhancement (PAC-3 MSE) missiles.The modification covers PAC-3 missiles, cost reduction initiative (CRI) missiles, launcher modification kits, and associated ground support equipment for the U.S., Qatar, Saudi Arabia, and Romania.Work is expected to be finished by Jan. 31, 2021.This modification adds to an earlier $944 million modification awarded last December for PAC-3 and PAC-3 MSE…

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