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Source:
The Fiscal Times
Lockheed Martin unveils cost-effective Patriot missile
Lockheed Martin introduced a new, more affordable Patriot interceptor called PAC-3 ACE, designed to reduce costs associated with intercepting drones and missiles. Priced at less than half the cost of existing interceptors, it can be used with current Patriot systems and aims to enhance defenses against air threats, including cruise and ballistic missiles. This development responds to concerns over high expenditure and depleted interceptor stockpiles faced by the U.S. and allies during operations involving inexpensive adversary drones.
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