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

Missile Defense

Lockheed Martin Gets GM Defense-Made PAC-3 MSE Components Under One Month From Order

Missile Defense

L3Harris Starts Production On Tranche 3 Satellites, Expects All Deliveries By Early 2029

Missile Defense

L3Harris Awarded $6 Billion Deal From Lockheed For THAAD Propulsion Production Boost

Navy/USMC

Navy Seeks New Affordable Interceptor In Request For White Papers

Trending

Boeing Picked For Navy’s F/A-XX Carrier Fighter
USAF Awards Raytheon Nearly $21 Billion for AMRAAM Foreign Orders
21 Tranche 1, Transport Layer Satellites Delivered to Vandenberg, Northrop Grumman Says
Defense Watch: Munitions Shortages, IVEWS LRIP, Satellite Infrastructure
U.S. Space Force Pins Hopes on Space-Based Radar Systems, Northrop Grumman Building GMTI System

Congress Updates

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

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