Lockheed to make cheaper Patriot interceptors as air defense demand soars
The new interceptor uses existing Patriot infrastructure and could enter initial production within 36 months, Lockheed Martin said.
- On Monday, Lockheed Martin unveiled the PAC-3 Adapted Capability Effector at the Farnborough Airshow in England, introducing a lower-cost Patriot interceptor designed to counter drones and missiles for allied militaries.
- Rising global demand, driven by Russia's 2022 invasion of Ukraine and missile exchanges across the Gulf, has stretched Western defense supplies and exposed production bottlenecks throughout the industry.
- Initial production of the ACE could start within 36 months, with the weapon costing less than half of the PAC-3 MSE interceptors, which currently cost roughly $4 million each.
- The launch counters Silicon Valley-backed startups promising faster, cheaper weapons; Lockheed president Tim Cahill, president of Lockheed Martin Missiles and Fire Control, stated, "American and allied warfighters need a solution that is battle-tested and budget-smart."
- This strategic move positions Lockheed to tap the European rearmament boom fueled by the Ukraine conflict while addressing government goals to expand local defense manufacturing and reduce dependence on American suppliers.
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Lockheed Martin Reveals Low-Cost Missiles
Lockheed Martin unveiled a low-cost interceptor that is less than half the cost of a PAC-3 MSE per unit. The interceptor, a PAC-3 ACE, will give allied forces a “rapidly fielded, complementary air defense effector option that can be deployed in record time,” the defense contractor explained. The system uses the Patriot weapon system as its basis. “American and allied warfighters need a solution that is battle-tested and budget-smart, and PAC-3 A…
A new Patriot missile costs less than half the price of a regular interceptor, Lockheed Martin says
A PAC-2 interceptor is launched from a battery in Taiwan.SAM YEH/AFP via Getty ImagesLockheed Martin is introducing a new, cheaper Patriot missile.The PAC-3 ACE is meant to cost less than half the price of the regular $4.2 million PAC-3 MSE.The announcement comes amid booming global demand for air defense munitions against higher-end threats.Lockheed Martin announced a new PAC-3 interceptor on Monday that it said costs less than half the price o…
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