:

MDA Awards Lockheed Martin $2 Billion THAAD Inteceptor Contract

Monday, June 18th, 2012

SHARE:

The Missile Defense Agency awarded Lockheed Martin [LMT] a sole-source letter contract worth approximately $2 billion to provide at least 42 Terminal High-Altitude Area Defense (THAAD) interceptors, the Defense Department said recently. These interceptors are added to the current Undefinitized Contract Action (UCA) under the existing THAAD production contract (HQ0147-07-C-0196). DoD intends to combine this procurement with the Foreign Military Sale of 96 THAAD interceptors to the United Arab Emirates to gain synergy cost savings, MDA said. This UCA covers…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

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 […]