Search Results for: Patriot Advanced Capability-3

State Dept OKs Sweden’s Request for $3.2B in Patriot Missile Systems

The State Department has approved Sweden’s request to buy Patriot missile systems and related services from the U.S. government under a potential $3.2 billion foreign military sales agreement. Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) will serve as prime contractors in the proposed FMS deal that covers the procurement of four Patriot Configuration-3+ modernized …

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Lockheed Gets $524M US, Intl Patriot Missile Contract Modification

Lockheed Martin (NYSE: LMT) has received a three-year, $523.8 million contract modification for the supply of updated Patriot missiles to the U.S. Army as well as Qatar, Saudi Arabia and Romania. The company will provide Patriot Advanced Capability-3 enhancement and cost reduction initiative missiles along with complementary support equipment through the modified domestic and …

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Lockheed Gets $944M Contract to Supply Updated Patriot Interceptors to Army, Int’l Clients

Lockheed Martin (NYSE: LMT) has received a $944 million contract to produce and deliver updated Patiot missile defense systems to the U.S. Army, Romania and other foreign military sales clients. The company said Thursday it will supply Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement interceptors along with launcher …

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Raytheon Unveils US-Romania Agreement on Potential Patriot Missile System Sale

TYSONS CORNER, VA, Dec. 1, 2017 — Raytheon (NYSE: RTN) is looking to supply the Patriot integrated air and missile defense system for Romania after the country submitted a letter of offer and acceptance for the platform to the U.S. Army, ExecutiveBiz reported Thursday. The company said Wednesday the agreement works …

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Saudi Arabia Plans $2B Patriot Missile Purchase; Lockheed, Raytheon Prime Contractors

The State Department has approved Saudi Arabia’s request to purchase a Patriot Air Defense System from the U.S. government under a potential $1.75 billion foreign military sales agreement. The system consists of a set of Patriot Advanced Capability-3 missiles and associated parts and equipment, as well as personnel training and logistics and …

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Lockheed Wins $921M to Provide Hardware, Services for Patriot Missile Upgrade Program

The U.S. Army‘s aviation and missile command has awarded Lockheed Martin (NYSE: LMT) $921 million in contracts to provide hardware and services for a missile program, Lockheed announced Monday. Lockheed is the prime contractor on the Patriot Advanced Capability-3 missile segment upgrade program which includes modification kits, spares and program management. …

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Lockheed Wins $39M Army Patriot Missile Contract

The U.S. Army has awarded Lockheed Martin Corp. (NYSE: LMT), Grand Prairie, Texas, a $38, 640, 344 firm-fixed-price with a cost-plus-fixed-fee contract-line-item-number contract. The award is for the fiscal 2011 U.S. Patriot advanced capability production requirement. Lockheed will provide five Patriot advanced capability-3 four-pack missiles. The work has an estimated …

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Lockheed Receives $1.8B Contract to Build PAC-3 Missiles for Army, Foreign Military Clients

Lockheed Martin (NYSE: LMT) has landed a potential $1.8B contract to produce and deliver missile interceptor systems to the U.S. Army and foreign military sales customers. The company said Friday it will supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors along with launcher modification and related kits. Jay Pitman, vice president …

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