$944 Million Contract for PAC-3 Missiles

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The United States and allied military forces will upgrade their missile defense capabilities under a new $944 million contract awarded to Lockheed Martin, for production and delivery of Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors and launcher modification kits for the U.S. Army, Romania and other foreign customers. The PAC-3 is a high-velocity interceptor that defends against incoming threats, including tactical ballistic missiles, cruise missiles, and aircraft. Building on the combat-proven PAC-3, the PAC-3 MSE uses a two-pulse solid rocket motor that increases altitude and range to defeat evolving threats. PAC-3 currently provides missile defense capabilities for the U.S., Germany, Kuwait, Japan, the Republic of Korea, Taiwan, the Netherlands, the United Arab Emirates and others.