US Clears 800M Patriot Sustainment and Technical Support Sale to Kuwait
The U.S. State Department has approved a major arms deal that would allow the sale of Patriot air defense systems to Kuwait. The $800 million agreement includes new interceptor missiles and upgrades,…
U.S. Will Triple Production of PAC-3 MSE Air Defense Interceptors by 2033
Lockheed Martin and the U.S. government have moved to fundamentally reshape how critical missile defense interceptors are acquired and produced, as rising global demand and persistent high-end threats strain existing stockpiles.…
RTX’s Raytheon awarded $168 million contract for Romanian Patriot air defense equipment
Raytheon, an RTX business, was awarded a $168 million contract to supply Romania with equipment related to the Patriot® air and missile defense system. The foreign military sales contract includes…
Boeing awarded approximately $2.7 billion in multiyear contracts for PAC‑3 seeker production
Boeing has been awarded a combination of multiyear contracts valued at approximately $2.7 billion to produce additional Patriot Advanced Capability‑3 (PAC‑3) seekers. Under the agreements, Boeing will deliver more than…
U.S. Army Awards Lockheed Martin $9.8B Contract to Bolster Missile Defense with “PAC-3 MSE”
The U.S. Army awarded Lockheed Martin a $9.8 billion contract for the production of 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement (PAC-3 MSE) interceptors and associated hardware. This…
Sweden signs agreement with U.S. government for Patriot Air and Missile Defense System
The government of Sweden signed an agreement to purchase Raytheon’s (NYSE: RTN) Patriot™ air and missile defense system from the U.S. Army. The agreement, formally referred to as a Letter of Offer and Acceptance,…