Lockheed Martin receives $524 million contract for PAC-3 missiles


The PAC-3 is a high-velocity interceptor (Picture source Lockheed Martin)
The United States and allied military forces will upgrade their missile defense capabilities under a $524 million contract modification for production and delivery of Lockheed Martin Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors. Read more...