SECURITYBUSINESS INSIDER
A new Patriot missile costs less than half the price of a regular interceptor, Lockheed Martin says
Lockheed Martin introduced the PAC-3 ACE, a cheaper Patriot missile designed to cost less than half of the regular $4.2 million PAC-3 MSE. The development comes amid high global demand for air defense munitions due to conflicts in Ukraine and the Middle East, with production plans to scale up rapidly through partnerships with European defense industries.
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