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Lockheed Martin, Pentagon Sign Agreement To Quadruple THAAD Interceptor Production

Matthew Beinart By
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Lockheed Martin, Pentagon Sign Agreement To Quadruple THAAD Interceptor Production
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)

Lockheed Martin [LMT] and the Pentagon have agreed on a framework for the company to quadruple the production of Terminal High Altitude Area Defense (THAAD) interceptors over the next seven years, from 96 to 400 interceptors annually.  The deal announced Thursday is the latest in a series of new Pentagon initiatives to boost munitions manufacturing capacity, and follows a recent agreement with Lockheed Martin to more than triple production of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE) interceptors.  "We…

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