Procurement And Tender News

Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

United States : Lockheed Martin secures $1.45 billion PAC-3 missile contract

Publish Date : 31-Dec-2016

Lockheed Martin has secured a contract worth a $1.45 billion to produce and deliver Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors to U.S. and allied military forces as they upgrade their missile defense capabilities.

The PAC-3 MSE missile utilises two-pulse solid rocket motor which raises altitude as well as range to meet evolving threats.

The contract covers PAC-3 and PAC-3 MSE missile deliveries for the U.S. Army, and Foreign Military Sales of PAC-3 interceptors, launcher modification kits, related equipment and spares for the Republic of Korea, Qatar, the Kingdom of Saudi Arabia, Taiwan, and the United Arab Emirates (UAE).

A high-velocity interceptor PAC-3 Missile protects against incoming threats, like tactical ballistic missiles, cruise missiles, and aircraft. At present, the interceptor deploys missile defense capabilities for six nations the U.S., the Netherlands, Germany, Japan, the UAE, and Taiwan. Also, Kuwait is under contract to procure PAC-3 missiles.

Go to previous page

Request for CallBack