Lockheed Martin [LMT] Monday said it received contracts totaling $921 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven Patriot Advanced Capability-3 Missile Segment program.
The contract includes Fiscal Year 2012 missile and command launch system production for the U.S. Army and a follow-on sale of the PAC-3 Missile Segment to Taiwan.
The contract includes production of hit-to-kill PAC-3 Missiles, launcher modification kits, spares and other equipment, as well as program management and services.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.