What Happened
Next-Generation PAC-3 Edge To Counter Evolving Air Threats
The US Army has awarded Lockheed Martin a $1.08-billion contract to develop the next-generation PAC-3 Edge interceptor, designed to counter evolving air and missile threats. The PAC-3 Edge will build on the combat-proven PAC-3 Missile Segment Enhancement technology, offering greater range, altitude, velocity, and maneuverability. The US Army will work with Lockheed Martin on prototype development and evaluate the interceptor against operational requirements. According to the article, which was first reported by an unknown source, the government will fund $660.4 million, while Lockheed Martin will contribute $423 million through a cost-sharing commitment.