World

Lockheed Martin Wins $1 Billion Contract to Make Patriot Missiles for 7 Allies

Lockheed Martin has won a more than $1 billion US Army modification contract to produce Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 (PAC-3) missiles for seven allied nations, the US Department of Defence announced in a press release.

“Lockheed Martin Corporation of Grand Prairie, Texas, was awarded a $1,042,250,000 modification contract for … all technical, planning, management, manufacturing, and testing efforts to produce Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles”, the release said on Wednesday.

The Defence Department said the missiles will be sent under the Foreign Military Sales program to Bahrain, Germany, Poland, Qatar, Romania, South Korea, and the United Arab Emirates.

Work on the contract will be performed in Huntsville, Alabama; Camden, Arkansas; Chelmsford, Massachusetts; Grand Prairie, Texas; and Lufkin, Texas, with an estimated completion date of 31 October 2024, the Defence Department added.

In May, the aerospace giant was awarded more than $900 million to build 21 maritime combat helicopters for India and three for the US Navy.

Tags

Related Articles

Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker