Aerospace Group:

Lockheed Martin To Provide $212 Million In PAC-3 Services To U.S., International Customers

Defense Daily Staff

Friday, July 18th, 2014

SHARE:

Lockheed Martin [LMT] July 15 said it received a $212 million contract from the Army Aviation and Missile Command for Patriot Advanced Capability-3 (PAC-3) Maintenance and Surveillance services to U.S. and international PAC-3 customers from the Missile Support Center. The Maintenance and Surveillance services begin immediately at U.S. Lockheed Martin facilities. Lockheed Martin is the prime contractor on the PAC-3 Missile Segment of the Patriot air defense system. The PAC-3 missile defends against advanced tactical ballistic and cruise missiles, and fixed-…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]