Lockheed Martin said Monday it received $920 million in additional orders for the most advanced Patriot missile system from Taiwan and the U.S. Army.
The orders in December include the third sale of PAC-3 missiles to Taiwan, Richard McDaniel, Lockheed’s vice president for the PAC-3 missile, said Monday in an interview. The U.S. Army purchase is its 14th acquisition of PAC-3 missiles.
The sales announced Monday and the two prior orders are part of Taiwan’s request for as many as 444 PAC-3 missiles at a potential value, if all options were exercised, of $5.9 billion, according to the Defense Security Cooperation Agency, which handles overseas arms sales. Lockheed Martin of Bethesda, Maryland, also has orders for its PAC-3 missiles for the United Arab Emirates, Germany, the Netherlands and Japan.
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