BAE Systems recently said it has received initial $81 million contract funding from Lockheed Martin [LMT] to begin production of 143 infrared seekers for the Terminal High Altitude Area Defense (THAAD) weapon system program. THAAD is designed to defend U.S. and allied soldiers, military assets, and metropolitan areas from ballistic missile attack threats. The BAE seeker provides the infrared imagery from the targeted warhead to the missile to guide the interceptor to its target, destroying enemy warheads through direct hit-to-kill…
BAE Systems To Begin Producing THAAD IR Seekers
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