Tag Archives: Scott Arnold

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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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 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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Qatar Taps Lockheed PAC-3 Missiles; Scott Arnold Comments

Qatar will purchase the Lockheed Martin (NYSE: LMT) PAC-3 Missile and associated command launch system for the country’s air force under an initial contract. The company said Wednesday that Qatar is its eighth international customer for the PAC-3 missile system. PAC-3 works to provide “hit-to-kill” capability, said Scott Arnold, vice president of PAC-3 programs at Lockheed’s missiles …

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Lockheed Wins Finnish Army Contract

Lockheed Martin (NYSE: LMT) announced this week a $45.3 million contract award to upgrade the Finnish Army’s M240 Multiple Launch Rocket System launchers. By adding the Universal Fire Control System, the upgrade enables launching of GPS-guided munitions and extends strike distance. The contract also calls for training and support of …

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