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Saudi Arabia Requests $5.4 Billion For PAC-3 Misssiles

Rich Abott By
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Saudi Arabia Requests $5.4 Billion For PAC-3 Misssiles
Lockheed Martin’s PAC-3 missile, part of the Patriot air defense capability. (Photo: Lockheed Martin)

The State Department approved a possible $5.4 billion Foreign Military Sale (FMS) request to Saudi Arabia for Patriot Advanced Capability-3 (PAC-3) missiles and associated equipment, parts and logistical support.The Defense Security Cooperation Agency (DSCA) notified Congress of the potential sale on July 28.The primary contractors would be Lockheed Martin [LMT] and Raytheon [RTN]. Offsets were requested but are currently unknown and will be determined during negotiations between Saudi Arabia and the contractors.The requested FMS would include 600 Patriot Advanced Capability-3…

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