e PAC-3 missiles will support Saudi Arabia's current and future defence missions and promote stability within the region.
Lockheed Martin Missiles and Fire Control and Raytheon Corporation will be the principal contractors.
As part of the proposed programme, the system would be implemented after one of the US contractors completes equipment fielding and system checkout in Saudi Arabia for a period of three years.
Extensively operated by the US forces, the missile is also in service with Egypt, Germany, Greece, Israel, Japan, Kuwait, Netherlands, Spain, Korea, Taiwan and the UAE.
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