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Tuesday, August 13, 2013

Lockheed Martin Receives $308 Million Contract Modification for Production of PAC-3 Missiles

Patriot PAC-3Lockheed Martin has received a $308 million contract modification 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 Segment program.

In addition to Fiscal Year 2013 missile and command launch system production for the U.S. Army, the contract marks the first Foreign Military Sale of the PAC-3 Missile to Kuwait. Kuwait is the sixth international customer for the PAC-3 Missile.

The contract includes production of 244 hit-to-kill PAC-3 Missiles, 72 launcher modification kits and associated tooling, as well as program management. This is the 14th production buy of the PAC-3 Missile Segment by the U.S. government.

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