DALLAS, Jan. 30 (UPI) -- Patriot missiles are to be produced by Lockheed Martin for the U.S. Army and Taiwan under contracts from the Army worth $921 million.
"Demand remains strong from the U.S. and our global partners for the combat-proven PAC-3 Missile," said Mike Trotsky, vice president of air and missile defense programs at Lockheed Martin's Missiles and Fire Control business.
"In today's uncertain environment, Lockheed Martin remains focused on delivering this important capability to our customers on schedule and on budget."
The Patriot Advanced Capability-3 is a kinetic-kill system to defend against incoming ballistic missiles.
Lockheed said that under the PAC-3 Missile Segment contracts, it will provide the U.S. Army with hardware and services -- including missiles and command launch systems, modification kits, launchers -- with a follow-on sale to the Asian nation, the fifth international customer for the PAC-3 Missile (upgrade) Segment.
Deliveries will begin in the first half of next year.