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Thursday, December 25, 2008

Lockheed Martin Receives Contracts Totaling $774 Million for the Combat-Proven PAC-3 Missile Program

Lockheed Martin has received contracts totaling $774 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven Patriot Advanced Capability-3 (PAC-3) Missile program.

These contracts include Fiscal Year 2009 missile production for the U.S. Army as well as the first sale of the PAC-3 Missile Segment to the United Arab Emirates (UAE).

The UAE becomes the first Middle East customer and the fourth international customer for the PAC-3 Missile, joining The Netherlands, Germany and Japan in fielding the system.

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