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Lockheed Martin launches cheaper Patriot missile as air defence demand surges

  • Posted on July 20, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
In brief

Lockheed Martin introduces an innovative cost-effective variant of its Patriot air defense system, addressing the escalating global demand for advanced missile technology. The new model represents a significant cost reduction strategy, offering units at approximately 50% less than the current generation priced around $4 million. This development reflects growing international interest in strengthening air defense capabilities amid geopolitical tensions and modernization initiatives across multiple nations.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Lockheed Martin launches cheaper Patriot missile as air defence demand surges
Lockheed Martin launches cheaper Patriot missile as air defence demand surges

The new missiles will cost less than half that of the current ones, which are about US$4 million each, the US defence contractor says.
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Author
South China Morning Post

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