
The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] a $145 million modification on Wednesday to produce additional Lot 10 Terminal High Altitude Area Defense (THAAD) interceptors and associated equipment.This award increases the total contract to $1.43 billion. It also covers one-shot devices and associated product support efforts under the larger fix-price incentive-firm target contract.A Lockheed Martin spokesperson confirmed this order covers 16 THAAD interceptors for the U.S. government.Work is expected to be finished by August 2021 with full procurement…