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

Navy/USMC

Leidos MUSVs Successfully Operated With Navy At RIMPAC, Carrier Strike Group

Navy/USMC

Navy Seeks New Affordable Interceptor In Request For White Papers

Business/Financial

HII Executive Outlines Its Shipbuilding Acceleration Strategy

Navy/USMC

Castelion Gets First Production Lot Order For Blackbeard

Trending

USAF, Northrop Detail Sentinel ICBM ‘Vertical Stacking’ Demo, On Track For Flight Tests In 2027
Meink: U.S. Has Orbital Space Weapons, SB-AMTI To Launch This Month, 500 CCAs by 2032
Skunk Works Plans First Flight of Vectis Prototype By End of Next Year
Pentagon Wants AI System to Understand and Predict Space Threats
AEVEX Completes $600 Million Acquisition Of USV Manufacturer BlackSea

Congress Updates

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 […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing 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