Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missiles, while defence contractors face competition from start-ups making low-cost weapons that can be produced at scale. Lockheed said its new PAC-3 Adapted Capability Effector (ACE) missile…
Lockheed Martin launches cheaper Patriot missile as air defence demand surges
Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missiles, while defence contractors face competition from start-ups making low-cost weapons that can be produced at scale. Lockheed said its new PAC-3 Adapted Capability Effector (ACE) missile…