Sign In
Search
International

Lockheed Martin Wins $1.4 Billion Mod For More THAAD Interceptors

Rich Abott By
SHARE:
Lockheed Martin Wins $1.4 Billion Mod For More THAAD Interceptors
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) awarded Lockheed Martin [LMT] a $1.4 billion modification on March 31 to produce additional Terminal High Altitude Area Defense (THAAD) interceptors and associated one-shot devices for both the U.S. and Foreign Military Sales (FMS) to Saudi Arabia. The Defense Department said this equipment will be procured under fixed-price incentive contract line items, increasing the base contract value from $6.4 billion to $7.76 billion. Work will occur in Dallas, Texas; Sunnyvale, Calif.; Huntsville, Ala.; Camden, Ark.;…

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

International

State Department Approves Nearly $4.7 Billion In Helicopters To South Korea, Support To India And Missiles For Belgium

Budget

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

Budget

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

Navy/USMC

Navy Names New Temporary Acquisition Chief

Trending

Marine Corps Explores Adding Second Supplier For ‘Production-Ready’ JLTVs
Space Force Awards SpaceX $2.3 Billion Contract For Space Data Network 
Space Force Awards Viasat And Intelsat General $438 Million For Continued Work On PTS-G
DoD Opens $30 Million Prize Challenge For Autonomous Non-Tactical Vehicles
Rocket Lab To Design, Build And Operate Two GEO Satellites For Space Domain Awareness Under $90 Million Contract

Congress Updates

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

Navy/USMC

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume