Lockheed Martin unveils PAC-3 ACE, a lower-cost Patriot interceptor for Europe amid rising demand to counter drones and missiles
Lockheed Martin said it will offer a more affordable Patriot PAC-3 interceptor—PAC-3 ACE—targeted at the European market. The move comes as militaries prioritize cheaper solutions to counter proliferating drones and missiles and as defense primes face competitive pressure from lower-cost, scalable startup weapons.