Lockheed Gains $379 Million Army Pact For 112 PAC-3 Missiles
The Army gave Lockheed Martin Corp. a $379 million contract for 112 Patriot Advanced Capability-3 (PAC-3) missiles, the company announced.
The contract also includes launcher modification kits, program management and engineering, and spares and other necessary equipment.
The PAC-3 Missile is currently the world’s only fielded hit-to-kill, pure kinetic energy air defense missile, according to Lockheed.
Lockheed Martin Missiles and Fire Control is the prime contractor on the PAC-3 Missile Segment upgrade to the Patriot air defense system.
The upgrade consists of the PAC-3 Missile, a highly agile hit-to-kill interceptor, the PAC-3 Missile canister (which holds four missiles), a fire solution computer and an enhanced launcher electronics system.
Over the past 12 years, the PAC-3 Missile has achieved the most successful flight test record of any U.S. missile defense interceptor, according to the company.
The PAC-3 Missile has been selected as the primary interceptor for the multi-national Medium Extended Air Defense System (MEADS).