Lockheed Martin lands $1bn US Army contract for PAC-3 Edge

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Lockheed Martin has been awarded a $1.08bn Other Transaction Agreement from the US Army to further develop and test the PAC-3 Edge interceptor, marking a significant step in the Army’s Future Interceptor programme.
Classification
Region
North America
Analytical Domain
Operational
Primary Category
Weapons & Equipment
Subcategory
New Weapon System
SALUTE Report
Size
1.08 billion dollars
Activity
Lockheed Martin awarded a contract to develop and test the PAC-3 Edge interceptor
Location
United States
Unit
Lockheed Martin
Time
recently
Equipment
PAC-3 Edge interceptor
Summary

Lockheed Martin has been awarded a $1.08 billion contract by the US Army to develop and test the PAC-3 Edge interceptor. This contract represents a significant advancement in the Army's Future Interceptor programme.

Key Facts
  • Lockheed Martin awarded a $1.08 billion contract
  • The contract is for the PAC-3 Edge interceptor
  • This is part of the US Army's Future Interceptor programme