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Lockheed Martin Receives First Production Order For PAC-3 MSE

Defense Daily Staff

Friday, April 4th, 2014

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The Army awarded Lockheed Martin [LMT] its first production contract for its most advanced Patriot missile: the Advanced Capability (PAC)-3 Missile Segment Enhancement under a $610 million modification issued March 28. The production order follows the Army’s successful Milestone C decision earlier this year. The modification order includes 92 one-pack MSE missiles for the United States, 50 launcher modification kits and associated ground equipment, tooling and initial spares. Some of the launcher modification kits are for Kuwait. “These enhancements are the natural,…

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