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BAE Wins Lockheed Martin Contract For Next-Gen THAAD Seekers

BAE Wins Lockheed Martin Contract For Next-Gen THAAD Seekers
Artist concept of BAE System's next-generation Terminal High Altitude Area Defense (THAAD) infrared seeker in use. (Image: BAE Systems)

Lockheed Martin [LMT] awarded BAE Systems a contract to design and build next-generation infrared seekers for the Terminal High Altitude Area Defense (THAAD) system, BAE said Tuesday. BAE did not disclose numbers of contract value. However, in a statement, the company said, “the sensor design work will improve the missile defense system’s ability to neutralize more threats and improve its manufacturability.” “The THAAD seeker is a key product in our precision munitions portfolio that’s recognized for its proven intercept capabilities.…

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