Lockheed Martin launches cheaper Patriot missile as air defence demand surges
- Posted on July 20, 2026
- By South China Morning Post
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- 1 min read
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.
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