What Happened
New PAC-3 ACE Targets European Market With Reduced Costs
Lockheed Martin has announced the development of a new, lower-cost Patriot interceptor, the PAC-3 Adapted Capability Effector (PAC-3 ACE), targeting the European market. The new interceptor is expected to reach initial production within 36 months and will be built on the existing PAC-3 fire control system. Lockheed Martin is collaborating with US and European industry partners on the project, which aims to provide a more affordable air defense solution. The announcement was made at the Farnborough Airshow and was reported by Aviation Week.