WASHINGTON Jan 3 Lockheed Martin Corp has won a contract valued at $755 million for procurement of Patriot Advanced Capability-3 (PAC-3) missiles, including support for foreign military sales, the Pentagon announced on Thursday.
The contract runs through July 31, 2015, the Defense Department said in its daily digest of major arms contracts.
Lockheed describes the PAC-3 missile as the world's most advanced and powerful terminal air defense missile, which can be used against tactical ballistic missiles, cruise missile and aircraft. The missile defeats targets through a direct hit.
One dead in ENI Congo oil platform fire
BRAZZAVILLE, Dec 3 One person was killed in a fire on an oil platform operated by ENI Congo off the coast of the Congo Republic city of Pointe-Noire, the government said.
Aixtron, Fujian to explore what is left of deal after U.S. veto
FRANKFURT, Dec 3 German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.