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06:21 AM, December 22, 2018
Lockheed Martin Wins $1.8B US Contract to Supply PAC-3, PAC-3 MSE Interceptors
PAC-3 interceptor (image: Lockheed Martin)

Lockheed Martin has won a $1.8 billion United States (US) contract for production and delivery of Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors.

The contract includes deliveries for the US Army and Foreign Military Sales of PAC-3 and PAC-3 MSE interceptors, launcher modification kits and associated equipment.

The family of PAC-3 missiles are high-velocity interceptors that defend against incoming threats, including tactical ballistic missiles, cruise missiles and aircraft. The PAC-3 MSE uses a two-pulse solid rocket motor that increases altitude and range to defend against evolving threats, the company said in a statement Friday.