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Event Brief

Lockheed Martin unveils ACE low-cost Patriot interceptor

Lockheed Martin plans to build a smaller, cheaper Patriot PAC-3 interceptor variant, the ACE, using the existing launcher and software.
WHO: Lockheed Martin Missiles and Fire Control president Tim Cahil; Lockheed Martin
WHAT: Unveiled plans for the Adapted Capability Effector (ACE), a lower-cost Patriot PAC-3 interceptor variant using the PAC-3 launcher and command-and-control software.
WHEN: Jul 20, 2026 at 9:29 PM ET
WHERE: Farnborough International Airshow, UK
WHY: Demand for Patriot PAC-3 interceptors increased due to Russian and Iranian ballistic missile attacks.

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