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Tue, Jul 21, 2026 · 84 stories · Subscribe
WorldBusiness

Lockheed Halves Patriot Interceptor Cost As War Depletes Stockpiles

The new PAC-3 ACE reuses the proven PAC-3 fire control system and slots into existing Patriot batteries and IBCS networks.

  • PAC-3 ACE costs less than half the price of the current PAC-3 MSE interceptor.
  • It reuses the PAC-3 fire control system and works with existing Patriot and IBCS.
  • Unveiled July 20, 2026 at Farnborough; Tim Cahill calls it "battle-tested and budget-smart."

Why it matters: The price dropped only after war emptied the stockpile; necessity set this number, not innovation.

Lockheed Martin press release ↗ · Jul 21, 20267/21/26