Business

January 11, 2013

Lockheed Martin receives $755 million contract for production of PAC-3 missiles

Lockheed Martin has received a contract totaling $755 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven PATRIOT Advanced Capability-3 Missile Segment program.

The contract includes fiscal year 2013 missile and command launch system production for the U.S. Army and a follow-on sale of the PAC-3 Missile to Taiwan. In 2009, Taiwan became the fifth international customer for the PAC-3 Missile.

The contract includes production of 168 hit-to-kill PAC-3 Missiles, 27 launcher modification kits and associated tooling, as well as program management and services. This is the 14th production buy of the PAC-3 Missile Segment by the U.S. government.

The PAC-3 Missile remains in demand from the U.S. and governments around the world,î said Richard McDaniel, vice president of PAC-3 programs at Lockheed Martin Missiles and Fire Control. ìIn fact, we continue to see expanding interest from all PATRIOT-using nations as well as from countries that want to acquire the PAC-3 Missile Segment for the first time.

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 2014.

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

Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile. It also has considerable experience in missile design and production, infrared seekers, command and control/battle management, and communications, precision pointing and tracking optics, as well as radar and signal processing. The company makes significant contributions to all major U.S. missile defense systems and participates in several global missile defense partnerships.

Lockheed Martin Missiles and Fire Control is a 2012 recipient of the U.S. Department of Commerceís Malcolm Baldrige National Quality Award for performance excellence. The Malcolm Baldrige Award represents the highest honor that can be awarded to American companies for their achievements in leadership, strategic planning, customer relations, measurement, analysis, workforce excellence, operations and results.




All of this week's top headlines to your email every Friday.


 
 

 

U.S. Air Force selects Cubic for Moroccan P5 air combat training system

Cubic Defense Systems, a subsidiary of Cubic Corporation announced April 11 it has been awarded a contract valued at more than $5 million from the U.S. Air Force to supply its P5 Combat Training System to the Moroccan Air Force. Morocco will join the United States Air Force, Navy, and Marine Corps, along with a...
 
 

Boeing realigns engineering to enhance customer Support

Boeing announced April 10 it is centralizing customer support for in-service airplanes at its Boeing Commercial Airplanes Engineering Design Center in Southern California, as the company continues to focus on increasing competitiveness while enabling continued growth of the global airline industry. “We’re creating a single location for customer support at the Southern California des...
 
 
Northrop Grumman photograph by Alan Radecki

Legendary Collier Trophy awarded to X-47B team

Northrop Grumman photograph by Alan Radecki The Northrop Grumman-built X-47B Unmanned Combat Air System (UCAS) approaches the flight deck of the USS George H.W. Bush (CVN 77), seconds before making history by being the first un...
 

 
Lockheed Martin photograph

First C-130J Super Hercules ëShimshoní arrives In Israel

Lockheed Martin photograph On April 4, 2014, the Israeli Air Forceís first C-130J Super Hercules aircraft left the Lockheed Martin Aeronautics facility where it was built in Marietta, Ga., for Nevatim Air Base, Israel. This Su...
 
 

Lockheed Martin opens new office in Israel

Lockheed Martin Chairman, President and CEO Marillyn Hewson officially opened the company’s newest office in Israel April 9 to support the corporation’s growing presence in that important country. The new office, located in Be’er Sheva, further demonstrates the Corporation’s commitment to supporting the Israeli Defense Force and their “Move to the South” campaign. ...
 
 

Kelly Aviation Center is now Lockheed Martin Commercial Engine Solutions

Kelly Aviation Center, a leading provider of aircraft engine maintenance, repair, and overhaul for international commercial and military customers, has changed its name to Lockheed Martin Commercial Engine Solutions. “Since 1999, we have been proud to be Lockheed Martin’s only jet engine MRO service provider,” said Amy Gowder, vice president and general manager of LMCES....
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>