SP's LandForces - - NEWS IN BRIEF -

Lock­heed Martin has won a $1.09 bil­lion con­tract to build PAC-3 mis­siles for the US Army and its al­lied mil­i­tary forces, in­clud­ing the South Korean Army, Qatar and Saudi Ara­bian Army. The PAC-3 mis­siles will be used in the Raytheon-built Pa­triot mis­sile de­fense sys­tem. The con­tract in­cludes de­liv­ery of Pa­triot ad­vanced ca­pa­bil­ity-3 (PAC-3) mis­siles, and PAC-3 mis­sile seg­ment en­hance­ment (MSE) mis­siles to the US Army. The US al­lies Saudi Ara­bia, South Korea and Qatar will get PAC-3 in­ter­cep­tors, launcher mod­i­fi­ca­tion kits, and as­so­ci­ated equip­ment and spares.

Lock­heed Martin Vice Pres­i­dent Scott Arnold said: “Our PAC-3 and PAC-3 MSE in­ter­cep­tors are the most trusted and ca­pa­ble ter­mi­nal air de­fence mis­siles in the world, and we’re proud to sup­port our cus­tomers as they pro­tect sol­diers, cit­i­zens and in­fra­struc­ture from ad­ver­sary threats. All Lock­heed Martin-built mis­sile de­fence in­ter­cep­tors utilise ad­vanced hit-to-kill tech­nol­ogy en­abling bet­ter ac­cu­racy, en­hanced safety and im­proved re­li­a­bil­ity when it mat­ters most.”

The PAC-3 mis­sile is a high-ve­loc­ity in­ter­cep­tor, de­signed to de­fend against in­com­ing threats posed by tac­ti­cal bal­lis­tic mis­siles, cruise mis­siles and air­crafts. PAC-3 is presently used by six na­tions, which in­cludes the US, the Nether­lands, Ger­many, Ja­pan, United Arab Emi­rates and Tai­wan as well as South Korea, Qatar and Saudi Ara­bia. Lock­heed Martin is also un­der con­tract with Kuwait. Last year, the De­fense Se­cu­rity Co­op­er­a­tion Agency an­nounced the pos­si­ble sale of PAC-3 mis­siles to Saudi Ara­bia, which was val­ued at $1.75 bil­lion. The US Gov­ern­ment gave its ap­proval for the sale of PAC-3 mis­siles worth up to $1.41 bil­lion with South Korea in Novem­ber 2014.

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