The US Army entered into a $1.08 billion agreement with Lockheed Martin to develop and test the PAC-3 Edge missile defense system On October 29, the US Army entered into an agreement with Lockheed Martin worth a total of approximately $1.08 billion to continue the development and testing of a promising new PAC-3 Edge missile system as part of a future interceptor program. Of this amount, $660.4 million is allocated by the government, and the company invests $423 million as part of joint financing. According to the terms of the agreement, the parties will continue to develop prototypes and conduct testing and evaluation to determine if the system's performance meets the established operational requirements. Further development and production decisions will be made taking into account the actual characteristics of the prototypes, operational requirements, available resources and appropriate procurement procedures. The PAC-3 edge must integrate with existing capabilities, including the IBCS battle management system and the M903 launcher.

The US Army entered into a $1.08 billion agreement with Lockheed Martin to develop and test the PAC-3 Edge missile defense system On October 29, the US Army entered into an agreement with Lockheed Martin worth a total of approximately $1.08 billion to continue the development and testing of a promising new PAC-3 Edge missile system as part of a future interceptor program. Of this amount, $660.4 million is allocated by the government, and the company invests $423 million as part of joint financing. According to the terms of the agreement, the parties will continue to develop prototypes and conduct testing and evaluation to determine if the system's performance meets the established operational requirements. Further development and production decisions will be made taking into account the actual characteristics of the prototypes, operational requirements, available resources and appropriate procurement procedures. The PAC-3 edge must integrate with existing capabilities, including the IBCS battle management system and the M903 launcher.