Tag: Farnborough

Escalation Watch
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Lockheed Unveils Lower-Cost Patriot Interceptor

Lockheed Martin unveiled the PAC-3 Adapted Capability Effector (ACE) at the Farnborough International Airshow on Monday, introducing a lower-cost interceptor for the Patriot air-defense system that the company says will cost less than half as much as the current PAC-3 Missile Segment Enhancement (MSE), estimated at about $4 million per…