Lockheed Martin is introducing the PAC-3 ACE, a cheaper Patriot missile intended to cost less than half the regular PAC-3 MSE’s $4.2 million price (i.e., under ~$2.1 million per missile). The update signals a cost-down effort that could improve procurement economics for defense customers, but without broader financial guidance or contract size disclosed.
Lockheed Martin is introducing the PAC-3 ACE, a cheaper Patriot missile intended to cost less than half the regular PAC-3 MSE’s $4.2 million price (i.e., under ~$2.1 million per missile). The update signals a cost-down effort that could improve procurement economics for defense customers, but without broader financial guidance or contract size disclosed.
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