Thu, May 17, 2012 15:29
HomeMost Recent NewsLone Star Business BlogContact Us
Advertise with Texas Business
 
Lockheed Martin Receives $921 Million Contract for Patriot Missiles
By: TexasBusiness.com     Posted: Sunday, February 12, 2012 12:03 am
Related Articles
Patent: To Have the High Ground Even if You're on Level or Low Ground.
Sheila and Walter Umphrey To Fund River Bridge to New Baylor Football Stadium
Flotek Industries Reaches Chemical Supply Agreement with Pioneer Natural Resources
Money Lady at the Rummage Sale.
CPRIT Awards Pulmotect $7.1 Million to Develop Immune System Stimulant
Terrell Hills Estate In San Antonio To Sell At Auction
Acision Appoints James Israel as Senior Vice President and General Manager for North America
Laredo Dentist and His Wife Convicted of Health Care Fraud Following State and Federal Investigation
Census Bureau Reports Foreign-Born Households are Larger, Include More Children and Grandparents
CPRIT Awards Pulmotect $7.1 Million to Develop Immune System Stimulant
View All
More from the Government Contracts section

Texas Business reports: DALLAS—Lockheed Martin received contracts totaling $921 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the Patriot Advanced Capability-3 (PAC-3) Missile Segment program.

The contract includes Fiscal Year 2012 (FY12) missile and command launch system production for the U.S. Army and a follow-on sale of the PAC-3 Missile Segment to Taiwan.

In 2009, Taiwan became the fifth international customer for the PAC-3 Missile Segment.

The contract includes production of hit-to-kill PAC-3 Missiles, launcher modification kits, spares and other equipment, as well as program management and services. 

Production of all equipment will take place at Lockheed Martin manufacturing facilities in Dallas and Lufkin, Texas; Chelmsford, Mass.; and Ocala, Fla., as well as the PAC-3 All-Up Round facility in Camden, Ark. 

Deliveries will begin in the first half of 2013.

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

Lockheed Martin is the prime contractor on the PAC-3 Missile Segment upgrade to the Patriot air defense system.

The PAC-3 Missile Segment upgrade consists of the PAC-3 Missile, a highly agile hit-to-kill interceptor, the PAC-3 Missile canisters (each of which hold four PAC-3 Missiles, with four canisters per launcher), a fire solution computer and an enhanced launcher electronics system and launcher support hardware.
 
Copyright 2010 Old Mesquite LLC
Privacy Statement | Visitor Agreement
Making Web Design Easy Since 2001
Newspaper Software, Magazine Software, HOAs, Trade Associations & Community Website Software  |  Email Marketing, E-Commerce, Church