Lockheed Secures $3.3b Deal to Deliver PAC-3 Missiles to Saudi Arabia and Kuwait

December 27, 2018

Army Recognition:

The US Department of Defense announced on December 21 that Lockheed Martin Corp. was given a $3.3 contract to produce Patriot PAC-3 missiles for Saudi Arabia and Kuwait by December 31, 2024.

The production, which should be completed within six years, will take place in Huntsville, Alabama; Camden, Arkansas; Ocala, Florida; Chelmsford, Massachusetts; Grand Prairie, Texas; and Lukin, Texas.

End of September 2014, Saudi Arabia had already requested 202 PAC-3 missiles for an estimated cost of $1.75 billion, as officials stated that the proposed sale would help “replenish Saudi’s current Patriot missiles which are becoming obsolete and difficult to sustain due to age and the limited availability of repair parts.”

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