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UNITED STATES : US ARMY awards $921-million missile contract to LOCKHEED MARTIN

Publish Date : 04-Feb-2012

The US Army has awarded a new missile contract to the defense contract giant Lockheed Martin. The deal is worth $921-million.

As per this deal, Lockheed Martin will be responsible for manufacturing components and to supply other services for the Patriot Advanced Capability-3 Missile Segment for the army.

Missiles and Fire Control business\' vice president of air and missile defense programs at Lockheed Martin, Mike Trotsky, said, “Demand remains strong from the U.S. and our global partners for the combat-proven PAC-3 Missile. In today’s uncertain environment, Lockheed Martin remains focused on delivering this important capability to our customers on schedule and on budget.”

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