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Lockheed receives $921 million contract for PAC-3 missiles


PAC-3 Missile. Photo: Lockheed Martin.

DALLAS (BNS): Lockheed Martin has received contracts totaling $921 million from the US Army Aviation and Missile Command for hardware and services associated with the combat-proven Patriot Advanced Capability-3 (PAC-3) Missile Segment programme.

The contract includes Fiscal Year 2012 (FY12) missile and command launch system production for the US Army and a follow-on sale of the PAC-3 Missile Segment to Taiwan.

In 2009, Taiwan became the fifth international customer for the PAC-3 Missile Segment.

The contract also includes production of hit-to-kill PAC-3 Missiles, launcher modification kits, spares and other equipment, as well as programme management and services. Deliveries will begin in the first half of 2013.

Lockheed Martin is the prime contractor on the PAC-3 Missile Segment upgrade to the Patriot air defence system.

The PAC-3 Missile Segment upgrade consists of the PAC-3 Missile, a highly agile hit-to-kill interceptor, the PAC-3 Missile canisters (each of which hold four PAC-3 Missiles, with four canisters per launcher), a fire solution computer and an enhanced launcher electronics system and launcher support hardware.

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