
Lockheed Martin [LMT] successfully conducted two tactical ballistic missile interception tests with the Patriot Advanced Capability (PAC)-3 Cost Reduction Initiative (CRI) interceptors, the company said Thursday. The company, which builds these missiles, said the test occurred at White Sands Missile Range, N.M., on Thursday and had two PAC-3 CRI missiles intercept two tactical ballistic missile targets. The company noted this test supported the Army’s Field Surveillance Program (FSP), “ensuring the reliability and readiness of fielded PAC-3 missiles.” The tests marked…