Daily Archives: November 14, 2024

Lockheed Martin Gears Up to Meet Soaring Demand for PAC-3 Missiles

US Army awards Lockheed Martin major order for PAC-3 Missiles: Grand Prairie, TX – November 14, 2024 – In a move driven by the rapidly growing global demand for advanced missile defense systems, the U.S. Army has awarded Lockheed Martin a significant contract to increase production capacity for the PAC-3 Missile Segment Enhancement (MSE). This strategic partnership aims to deliver 650 PAC-3 MSEs per year, bolstering global security with the world’s most advanced missile defense technology.

Rheinmetall Wins Canada Order for Heavy Recovery Vehicles

Canada to procure heavy recovery vehicles from Rheinmetall: Saint-Jean-sur-Richelieu, Canada – [November 14, 2024] – Rheinmetall Canada has secured a significant contract from the Canadian government to supply 85 heavy recovery vehicles to the Canadian Armed Forces (CAF) as part of the Enhanced Recovery Capability (ERC) project. The five-year contract, valued at $325 million CAD, also includes recovery equipment and other modifications, with initial deliveries scheduled for 2027.