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State Department Approves $15 Billion THAAD Sale To Saudi Arabia

The State Department approved a possible $15 billion sale of a Lockheed Martin [LMT] Terminal High Altitude Area Defense (THAAD) missile defense system to Saudi Arabia, the Defense Security Cooperation Agency (DSCA) said Oct. 6.DSCA notified Congress of the sale on the same day.Saudi Arabia requested 44 THAAD launchers, 360 interceptor missiles, 16 THAAD Fire Control and Communications Mobile Tactical Station Group, and seven Raytheon [RTN]-made AN/TPY-2 radars.The sale would also include maintenance equipment, 43 trucks to move the systems, electrical power units, trailers,…

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Contract Updates

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