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Saudi Uses 86% Patriot Missiles, US Awards $58.6B Contract

8/11/2026

38 7 Full Breakdown

Summary

Story summary

Saudi Arabia used 86% of its 2,800 Patriot PAC-3 missiles in 38 days with Iran, leaving 400.
CSIS reports 65% of Patriot interceptors were expended Feb-July, cutting stock from ~2,330 to under 850.
Lockheed Martin unveiled the PAC-3 ACE interceptor in July, costing half as much and >150 km radar with 100-target tracking.
The U.S. Army awarded Lockheed Martin a contract up to $58.6 billion, making a Patriot battery cost over $1 billion.

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Story summary

Saudi Arabia used 86% of its 2,800 Patriot PAC-3 missiles in 38 days with Iran, leaving 400.
CSIS reports 65% of Patriot interceptors were expended Feb-July, cutting stock from ~2,330 to under 850.
Lockheed Martin unveiled the PAC-3 ACE interceptor in July, costing half as much and >150 km radar with 100-target tracking.
The U.S. Army awarded Lockheed Martin a contract up to $58.6 billion, making a Patriot battery cost over $1 billion.