Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

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 foreign military sales contract, the Defense Department said Tuesday.

Lockheed will perform work under the modification at various locations in Texas, Alabama, Arizona, Massachusetts and Florida, through Jan. 31, 2021.

PAC-3 is designed to intercept adversarial tactical ballistic missile, aircraft and cruise missile threats.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles