Lockheed Bags PAC-3 MSE Support Contract from S.Korea, U.A.E., Taiwan, Saudi Arabia

The U.S. Army announced a contract valued $94 million to Lockheed Martin for technical assistance support for the PATRIOT Advanced Capability-3 missile segment.

Work will be performed in Sweden, Kuwait, Poland, South Korea, Romania, United Arab Emirates, Taiwan, Qatar, Saudi Arabia, Bahrain, and Orlando, Florida, with an estimated completion date of November 30, 2024, a U.S. DoD release today said.

Fiscal 2022 missile procurement, Army funds; and Foreign Military Sales (Sweden, Kuwait, Poland, South Korea, Romania, United Arab Emirates, Taiwan, Qatar, Saudi Arabia and Bahrain) funds in the amount of $94,207,693 were obligated at the time of the award.