Lockheed Martin garners $1.8B missile contract

Lockheed Martin has secured a $1.8 billion contract to produce and deliver Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors.

“PAC-3 and PAC-3 MSE give our customers unmatched, combat-proven hit-to-kill technology to address growing and evolving threats,” Jay Pitman, vice president of PAC-3 programs at Lockheed Martin Missiles and Fire Control, said. “PAC-3 and PAC-3 MSE are proven, trusted and reliable interceptors that employ hit-to-kill accuracy, lethality and enhanced safety to address dangers around the world.”

PAC-3 missiles defend against incoming threats that include tactical ballistic missiles, cruise missiles and aircraft – adding America has joined 12 other nations (Germany, Kuwait, Japan, Qatar, the Republic of Korea, Kingdom of Saudi Arabia, Taiwan, the Netherlands, United Arab Emirates, Romania, Poland, and Sweden) in choosing PAC-3 and PAC-3 MSE to provide missile defense capabilities.

The PAC-3 MSE uses a two-pulse solid rocket motor that increases altitude and range to defend against evolving threats while bolstering missile defense capabilities.

The agreement also includes deliveries for the U.S. Army and Foreign Military Sales of launcher modification kits and associated equipment, per officials.

Lockheed Martin officials said the security and aerospace company employs 100,000 people worldwide, principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.