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Lockheed Martin Notches Up 14th Successful PAC-3 Missile Test

Lockheed Martin [LMT] said its PAC-3 missile, for the 14th time, successfully detected, tracked and intercepted an aerodynamic tactical ballistic missile (TBM) target in a test yesterday at White Sands Missile Range (WSMR), N.M.  "If we combine the PAC-3 Cost-Reduction Initiative (CRI) and PAC-3 Missile Segment Enhancement (MSE) flight tests, including MEADS last year, we have had 14 successful flight tests in a row,” Richard McDaniel, vice president of PAC-3 Missile Programs in Lockheed Martin’s Missiles and Fire Control business,…

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