Lockheed Martin [LMT] yesterday said it has received contracts totaling $556 million from the Army Aviation and Missile Command (AMCOM) for hardware and services associated with the combat-proven Patriot Advanced Capability-3 (PAC-3) Missile program. The contracts include production of 148 hit-to-kill PAC-3 Missiles, 17 launcher modification kits, spares and other equipment, as well as program management and engineering services. Production of all equipment will take place at Lockheed Martin manufacturing facilities in Dallas and Lufkin, Texas, Chelmsford, Mass., Ocala, Fla.,…
Lockheed Martin Receives $556 Million For Army PAC-3 Missiles
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