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Lockheed Martin Receives $3.9 Billion THAAD Order

Gally Articola
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Lockheed Martin [LMT] on Sept. 23 said it received a production contract totaling $3.9 billion to produce elements of the Terminal High Altitude Area Defense (THAAD) Weapons System for the Missile Defense Agency (MDA) and the United Arab Emirates (UAE).  The contract includes the manufacture and delivery of a maximum of 110 interceptors for the U.S. Army, including the fiscal 2014 option. These Lot 4, 5 and 6 interceptors will be fielded to the Army at Ft. Bliss, Texas.  The contract…

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