Aerospace Group:

Switzerland Signs Agreement With U.S. To Buy PAC-3 MSE Missiles

Wednesday, November 1st, 2023

SHARE:

Switzerland Signs Agreement With U.S. To Buy PAC-3 MSE Missiles

Launch of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE) interceptor. (Photo: Lockheed Martin)

This week Switzerland signed an agreement with the U.S. government to buy Lockheed Martin [LMT] Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles via Foreign Military Sales (FMS), the Swiss government and the company said Tuesday. Switzerland’s federal department of defense, civil protection and sport announced the Oct. 30 agreement plans for the PAC-3 MSE missiles to be delivered in 2028 and 2019. The Swiss parliament previously approved funding of $330 million for this acquisition in the Army Message…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]