‘Cheap’ Patriot Interceptor Costing Under $1 Million Now Being Sought By Army
"...U.S. Army is pressing defense contractors to come up with proposals for a new interceptor for the Patriot surface-to-air missile system with a unit cost under $1 million. This is far cheaper — about a fifth of the price — than what the Army is paying for current-generation Patriot PAC-3 Missile Segment Enhancement (MSE) interceptors now. As a supplement to existing interceptors, a lower-cost alternative would improve Patriot’s cost-per-intercept ratio..."
Reference: www.twz.com .