Lockheed Martin's JLTV manufacturing facility at Camden.
Lockheed Martin of Bethesda, Maryland, has received a $1.5 billion contract with the U.S. military for production and delivery of Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement missiles.
Work on the contract will take place at Lockheed’s plant in Camden.
The contract includes PAC-3 and PAC-3 MSE interceptor deliveries for the U.S. Army, and Foreign Military Sales of PAC-3 interceptors, associated equipment and spares for the Republic of Korea, the Kingdom of Saudi Arabia, Qatar, Taiwan and the United Arab Emirates.
“The PAC-3 and the PAC-3 MSE interceptors are the most advanced, capable and reliable terminal air defense missiles in the world,” Scott Arnold, Lockheed Martin’s vice president of PAC-3 programs, said in a news release. “As threats grow in complexity, these interceptors will continue to be in high demand to protect soldiers and citizens around the globe.”
The PAC-3 Missile is a high velocity interceptor that defends against incoming threats including tactical ballistic missiles, cruise missiles and aircraft using hit-to-kill technology. PAC-3 provides missile defense capabilities for six nations: the U.S., the Netherlands, Germany, Japan, United Arab Emirates and Taiwan. Lockheed Martin is on contract with four additional nations: Kuwait, Qatar, South Korea and Saudi Arabia.
Building on the combat proven PAC-3, the PAC-3 MSE missile uses a two-pulse solid rocket motor that increases altitude and range to meet evolving threats.
Lockheed Martin’s Camden plant also awaiting word by the end of the summer on whether the company will be awarded a military contract to produce Joint Light Tactical Vehicles, which will replace Humvees.
Earlier this year, state lawmakers approved an $87 million incentive package to help lure the project to Camden.
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