Lockheed Martin [LMT] on Sept. 17 announced it received the first mission-critical components for the Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE) interceptor from GM Defense under a month after signing a formal contract for them to produce components aimed at improving production rates. Lockheed Martin said they signed a formal contract agreement on Aug. 6, with the first batch of PAC-3 MSE housing components delivered on Aug. 28. It said GM Defense used its advanced casting and machining…
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