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 Tuesday. 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…
MDA Awards Lockheed Martin $2 Billion THAAD Interceptor Contract
SHARE:
