Lockheed Martin launches production of PAC-3 Patriot Advanced Capability missile for Kuwait 1408131
- Posted On
Defence & Security Industry News - Lockheed Martin
|Wednesday, August 14, 2013 11:59 AM|
|Lockheed Martin launches production of PAC-3 Patriot Advanced Capability missile for Kuwait.|
Lockheed Martin [NYSE: LMT] 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.
Lockheed Martin is the prime contractor on the PAC-3 Missile Segment upgrade to the Patriot air defense system.
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.