News Categories

Air Defense: July 18, 2001

Archives

Lockheed has decided to build the Patriot PAC-3 missile in its factory at Camden, Arkansas. The first missile will be finished later this year. Cost of the missile is $4 million each, but this averages in the development cost and the company expects that once the Army orders its second batch of 1,000 missiles and some export customers show up, the price will drop to $2 million.--Stephen V Cole

X

ad

Help Keep StrategyPage Open

First came Facebook, then came Twitter, and finally, AI has arrived. They have all caused a decline in our business, but AI may be the deadliest innovation. We are currently in survival mode. Our writers and staff receive no payment in some months, and even when they do, it is below the minimum wage for their efforts. You can support us with your donations or subscriptions. Please help us keep our doors open.

Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on X.

Subscribe   Donate   Close