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Thursday, February 02, 2012

Taiwan places US$921m order for PAC-3 missiles

Patriot PAC-3Taiwan has placed a US$921 million order for Patriot Advanced Capability-3 (PAC-3) missiles as part of its military program to strengthen its air defense capabilities, a contract notification said on Monday.

In a press statement, Lockheed Martin Corp said the contract included missile and command launch system production and a follow-on sale of the PAC-3 Missile Segment to Taiwan.

The contract includes the -production of “hit-to-kill” PAC-3 missiles, launcher modification kits, spares and other equipment, as well as program management and services, Lockheed said, with delivery beginning in the first half of next year.

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