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Lockheed Martin ‘Imminently’ Close To PAC-3 Interceptor Deal With Qatar

Rich Abott By
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Lockheed Martin [LMT] is “imminently” close to a deal to produce Patriot Advanced Capability-3 (PAC-3) interceptors for Qatar, according to a company executive. Richard McDaniel, company vice president for Terminal High Altitude Area Defense (THAAD), said Sept. 23 Qatar will become the seventh international customer Lockheed Martin has either provided interceptors or started delivering interceptors, along with the United Arab Emirates (UAE), Germany, Japan, the Netherlands, Taiwan and Kuwait. The United States also uses PAC-3 interceptors. McDaniel said during a…

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