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Tag Archives: Pac-3

State Dept Clears Potential $4B Patriot Missile Sale to Romania

The State Department has approved Romania’s request to procure Patriot air defense systems, support and equipment under a potential $3.9 billion foreign military sales deal. Romania requested seven Patriot Configuration-3+ modernized fire units comprised of seven AN/MPQ-65 radar sets, seven AN/MSQ-132 engagement control stations, 13 antenna mast groups, 28 M903 launching stations, 56 …

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State Dept Approves $2B Sale of Lockheed, Raytheon Missiles to UAE

The State Department has approved a potential sale to the United Arab Emirates of $2 billion in Patriot missile systems from Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN). UAE requested 60 Lockheed-built Patriot Advanced Capability 3 missiles and Raytheon-made 100 Patriot Guidance Enhanced Missile-Tactical missiles through a foreign military sales agreement with the U.S. government, the Defense Security …

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Lockheed Gets $1.45B Contract to Supply PAC-3 Missile Interceptors to Army, Foreign Govt Clients

Lockheed Martin (NYSE: LMT) has received a potential three-year, $1.45 billion contract to produce and supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors for the U.S. Army and allied countries through a foreign military sales agreement. The fixed-price-incentive contract covers the delivery of 205 PAC-3 MSE interceptors for the U.S. …

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Lockheed’s PAC-3 MSE Gets Initial Operational Capability Status

TYSONS CORNER, VA, Aug. 17, 2016 — Lockheed Martin‘s (NYSE: LMT) PAC-3 Missile Segment Enhancement interceptor system has reached initial operational capability status following a review by the U.S. Army, ExecutiveBiz reported Tuesday. The company said Tuesday it previously achieved Milestone C approval for PAC-3 MSE and received an initial contract for the missile system from the Army …

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Lockheed Gets $361M Modification on PAC-3 Price Requirements for FMS Deal

Lockheed Martin (NYSE: LMT) has received a $360.7 million contract modification from the U.S. Army for Patriot Advanced Capability-3 price requirements on a foreign military sale agreement with Saudi Arabia, South Korea and the United Arab Emirates. The Defense Department said Thursday the company will perform work in Alabama, Arkansas, California, Massachusetts …

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Lockheed to Supply Missile Interceptors to Foreign Military Clients Under $1B Contract Modification

Lockheed Martin (NYSE: LMT) has received a $1.09 billion contract modification from the U.S. Army to produce air and missile defense interceptors for foreign military customers. The company will build Patriot Advanced Capability-3 air defense missiles for Korea, Saudi Arabia and Qatar under a foreign military sales contract with the U.S. …

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Lockheed Martin, Army Test PAC-3 Missile Intercept Function

TYSONS CORNER, VA, November 30, 2015 — Lockheed Martin‘s (NYSE: LMT) Patriot Advanced Capability-3 missile has undergone a U.S. Army fire test to demonstrate its missile interception functions, ExecutiveBiz reported Wednesday. The company said Tuesday the test at White Sands Missile Range is the second test in a week in which PAC-3 intercepted a …

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Army Tests Raytheon’s Updated Patriot IAMD System

TYSONS CORNER, VA, November 23,  2015 — The U.S. Army has conducted initial flight tests on Raytheon‘s (NYSE: RTN) updated Patriot Integrated Air and Missile Defense system, ExecutiveBiz reported Friday. The company said Thursday the tests on Patriot’s Post-Deployment Build 8 used PAC-3 and GEM-T missiles to engage ballistic missile targets. About Executive Mosaic: Founded in …

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Lockheed to Provide Interceptor Missiles to Army, US Allies for $1B

Lockheed Martin (NYSE: LMT) will provide Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptor missiles to the U.S. Army and five international customers under a $1.5 billion contract in support of missile defense upgrades. The company said Friday the contract covers the production and delivery of interceptors for the Army and foreign military …

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South Korea Taps Lockheed, Raytheon for Fighter Jet and Missile Programs

Lockheed Martin (NYSE: LMT) and partner Korea Aerospace Industries have won a $7.88 billion contract to build a mid-level fighter jet for South Korea, Reuters reported Monday. Joyce Lee writes the companies will jointly develop jets meant to replace the Asian ally’s F-4 and F-5 fighters by 2025 under the KF-X fighter …

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