PAC-3
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Missile DefenseNew PAC-3 Agreement Possible With Guaranteed Cash Flows And Inflation Markers, Officials Say
Defense Department and Lockheed Martin [LMT] officials confirmed specific measures around cash flows and accounting for inflation are key to a new framework agreement that aims to more than triple […]
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Missile DefenseDoD and Lockheed Martin Sign Framework Agreement To More Than Triple PAC-3 MSE Production
The Department of Defense and Lockheed Martin [LMT] on Tuesday announced a new seven year-long framework agreement aimed at pushing annual production of the Patriot Advanced Capability (PAC)-3 Missile Segment […]
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UncategorizedBoeing Wins $2.7 Billion In PAC-3 Seeker Production Contracts, Lockheed Martin And Diehl Make A Deal
Boeing [BA] on Tuesday announced it won a series of multiyear contracts worth $2.7 billion total to produce more Patriot Advanced Capability-3 (PAC-3) seekers. Boeing produces the seekers under prime […]
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ArmyArmy Awards Lockheed Martin $9.8 Billion PAC-3 MSE Contract
The Army awarded Lockheed Martin [LMT] a $9.8 billion contract to produce 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement (PAC-3 MSE) interceptors for the U.S. and international partners, […]
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Missile DefenseState Department OK’s $8.5 Billion IBCS-Enabled Patriot Sale To Denmark
The State Department on Friday approved a potential $8.5 billion Foreign Military Sale (FMS) to Denmark for multiple Integrated Battle Command System (IBCS)-Enabled Patriot air and missile defense system with […]
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ArmyArmy Tests LTAMDS Secondary Radar Array In 9th Live Fire Test
The U.S. Army last week conducted another missile flight test with the Lower Tier Air and Missile Defense Sensor (LTAMDS), this time using its secondary radar array detect and track […]
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Missile DefensePatriot Hits Missile Test Target While Integrated With New LTAMDS Radar
Last weekend a Lockheed Martin [LMT] Patriot Advanced Capability (PAC)-3 missile successfully intercepted a tactical ballistic missile (TBM) while integrated with RTX [RTX] Lower Tier Air and Missile Defense Sensor […]
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Missile DefenseArmy Officials Talk Missile Defense Production Improvements, Relieving OpTempo
Army officials on Tuesday argued how they are working to reduce the high operational tempo of high demand missile defense systems like Terminal High Altitude Area Defense (THAAD) and Patriot […]
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InternationalState Department OKs Potential $224 Million Sale For Netherlands Patriot Launching Stations
The U.S. approved a potential $22 million Foreign Military Sale (FMS) with the Netherlands for two Patriot M903 Launching Stations (LS), upgrades and related equipment. The Defense Security Cooperation Agency […]
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Missile DefenseBoeing Set To Break Annual PAC-3 Seeker Production Record
HUNTSVILLE, Ala. – Boeing [BA] on Tuesday said it is on track this year to break its annual record for production on the seeker of the Lockheed Martin [LMT] Patriot […]
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