Aerospace Group:

U.S. OKs Potential $5 Billion PAC-3 MSE Sale To Germany, $738 Million MQ-9 Deal With Italy

By Matthew Beinart

Thursday, August 15th, 2024

SHARE:

U.S. OKs Potential $5 Billion PAC-3 MSE Sale To Germany, $738 Million MQ-9 Deal With Italy

Lockheed Martin's PAC-3 missile, part of the Patriot air defense capability. (Photo: Lockheed Martin)

The U.S. has approved a potential $5 billion sale of PAC-3 MSE interceptors to Germany and a separate $738 million deal with Italy for MQ-9 Block 5 Reaper drones. The Defense Security Cooperation Agency (DSCA) notified Congress on Thursday of both foreign military sale cases. The deal with Germany would cover up to 600 of Lockheed Martin’s [LMT] PAC-3 MSE missiles for the RTX [RTX] Patriot air defense system, as well as test, support and training equipment and spare and…

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 […]