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THAAD Moves To Next Step After Successful Intercept

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By Ann Roosevelt The Terminal High Altitude Area Defense (THAAD) missile system, built by Lockheed Martin [LMT] and managed by the Missile Defense Agency (MDA), is expanding its target set by going after separating targets in its next series of tests, according to a company official. MDA announced the Oct. 26 test of the THAAD element of the Ballistic Missile Defense System (BMDS) resulted in the intercept of a ballistic missile target at the Pacific Missile Range Facility off the…

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