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Missile Defense

Lockheed Martin Awarded $145 Million THAAD Interceptor Contract

Friday, May 4th, 2018

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Lockheed Martin Awarded $145 Million THAAD Interceptor Contract

A Terminal High Altitude Area Defense (THAAD) battery fires an interceptor missile. (Photo: Lockheed Martin)

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…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

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Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

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Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

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Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

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