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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…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]