Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missileS.

Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missileS. Link Lockheed to make cheaper Patriot interceptors as air defense demand soars The new PAC-3 Adapted Capability Effector, or ​ACE, missile would cost less than half as much as its ⁠PAC-3 MSE interceptors, which cost roughly $4 million per missile