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05:15 AM, July 15, 2017
Lockheed Martin Wins $130M PAC-3 Missile Defense System Contract
PAC-3 MSE (Image: Lockheed Martin)

Lockheed Martin was awarded a $130 million FMS (Qatar, Saudi Arabia, Republic of Korea, United Arab Emirates, and Taiwan) contract for fiscal 2017 PATRIOT Advanced Capability-3 production to increase the total missile segment enhancement quantity by 35, add 130 launcher modification kits with motor control units for the U.S.

The contract also calls for adding the parts library and missile segment enhancement storage and aging requirements for the U.S.; add the cost and software data reporting requirement for the United States; reduce the missile round trainer quantity by 30 for Qatar, and reduce the empty round trainer quantity by 36 for Qatar, US Department of Defense said in a statement Friday.

Work is expected to be completed June 30, 2020. 

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