Sign In
Search
Missile Defense

Lockheed Martin Wins Another $1.47 Billion For Saudi THAAD Support

Rich Abott By
SHARE:
Lockheed Martin Wins Another $1.47 Billion For Saudi THAAD Support
A Terminal High Altitude Area Defense (THAAD) battery fires an interceptor missile. (Photo: Lockheed Martin)

The Missile Defense Agency (MDA) on Friday awarded Lockheed Martin [LMT] another $1.47 billion modification to procure Terminal High Altitude Area Defense (THAAD) interceptor support items for Foreign Military Sales (FMS) to Saudi Arabia. The July 19 contract increases the total contract value from $3.89 billion to $5.36 billion total. The performance period will last from this month through July 2023. Saudi funds of $341 million were obligated at award time. The announcement said one offer was solicited and one…

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

Ukrainian Drone Builder Partners With Reconcraft For U.S. Autonomous Surface Vessels

International

European Companies To Jointly Develop New Missile Defense Interceptor

International

CoAspire Wins $70 Million Contract For Navy Affordable Coalition Missile Program

Business/Financial

Saronic Picks Brownsville, Texas, For Port Alpha, Promises Largest Shipyard In U.S.

Trending

Electra Selects Ohio Site To Produce Dual-Use Hybrid-Electric Aircraft
Pentagon Seeks Bomber Prototypes In Drone Dominance Program
Northrop Grumman To Produce SRMs For PAC-3 Missiles As Second Source
BETA Working With Sikorsky On New MV250 Hybrid-Electric VTOL For Contested Logistics
Space Force Boosts Ceiling For NSSL Phase 3, Lane 1 By $11.4 Billion

Congress Updates

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 […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

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