Sign In
Search
Missile Defense

Lockheed Martin Nabs $35 Billion THAAD Contract For Framework Agreement

Rich Abott By
SHARE:
Lockheed Martin Nabs $35 Billion THAAD Contract For Framework Agreement
A THAAD system successfully launches and intercepts a medium-range target using a remote launcher kit in Flight Test THAAD (FTT)-23 at the Kwajalein Atoll in the Republic of the Marshall Islands (Photo: Missile Defense Agency)

The Missile Defense Agency (MDA) on Wednesday awarded Lockheed Martin [LMT] a $35.5 billion, seven-year undefinitized procurement contract for production of Terminal High Altitude Area Defense (THAAD) interceptors, the next stage to increase production following the January framework agreement between the company and the Pentagon. The DoD announcement said the company will produce THAAD missile rounds under fixed-price contract line-item numbers. MDA obligated $843 million at the time of award. Work will occur at the company’s facilities in Dallas, Texas;…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Army

Boeing Unveils Its IFPC Inc. 2 Design, Expects August Downselect

Missile Defense

Golden Dome’s Space-Based Interceptor Competition Passes First Test; Homeland System Needs AI

Missile Defense

Johns Hopkins APL Picked As SBI Technical Direction Agent

Missile Defense

Northrop Grumman Pitches New Guided-Ammo Gun For Air Defense

Trending

Anduril’s First Satellite On Orbit With Imaging Payloads
Boeing Unveils Its IFPC Inc. 2 Design, Expects August Downselect
Golden Dome’s Space-Based Interceptor Competition Passes First Test; Homeland System Needs AI
DARPA’s Lift Challenge Winner Demonstrated ‘Unprecedented” Payload-To-Weight Ratio
Impulse Space Gets Space Force Award For More Tactically Responsive Space Missions

Congress Updates

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume