$1.8 bn contract for PAC-3 Missiles

The United States and allies are to upgrade their missile defence capabilities under a $1.8 billion contract for production and delivery of Lockheed Martin Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors. The contract includes deliveries for the US Army and Foreign Military Sales of PAC-3 and PAC-3 MSE interceptors, launcher modification kits and associated equipment. The family of PAC-3 missiles are high-velocity interceptors that defend against incoming threats, including tactical ballistic missiles, cruise missiles and aircraft.