Lockheed MartinÂ (NYSE: LMT) has been awarded a $212 million contract to support the U.S. ArmyÂ aviation and missile commandâs air defense missile systems.
Lockheed will provide maintenance and surveillance services for the Patriot Advanced Capability-3 out ofÂ its facilities across the U.S., the company said Monday.
Lockheed will deliver similar services to international PAC-3 clients from its missile support center.
The company holds contracts with the U.S., the Netherlands, Germany, Japan, the United Arab Emirates and Taiwan for the missile system.
PAC-3 is designed to counter tactical ballistic and cruise missiles, as well as fixed- and rotary-wing aircraft.