PAC-3 acceleration prompts cost hike, but Pentagon eyes potential savings

Accelerating the Patriot Advanced Capability-3 (PAC-3) will "slightly" drive up the cost of the $11.8 billion program, but higher production rates may yield some savings, according a U.S. Defense Department spokeswoman. Overall program costs will rise $124 million, or about 1 percent, as a result of...

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