Lockheed Martin CEO says PAC-3 ACE could deliver two-thirds of MSE capability at one-half to one-third of the price
Lockheed Martin is developing a lower-cost PAC-3 interceptor for drones, cruise missiles and short-range ballistic missiles.
Lockheed Martin introduces PAC-3 ACE, a high-performance, lower-cost interceptor for the Patriot air defense system
The company said the weapon will cost less than half as much as a PAC-3 MSE per unit.