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Missile Defense

Lockheed Martin Receives $528 Million for THAAD Interceptors

Valerie Insinna

Monday, January 4th, 2016

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Lockheed Martin Receives $528 Million for THAAD Interceptors

THAAD radar Photo: Missile Defense Agency

The Missile Defense Agency in December awarded Lockheed Martin [LMT] a $528 million contract for the production of interceptors for the Terminal High Altitude Area Defense (THAAD) system, the company said Monday.The THAAD system provides MDA a transportable way to defend against short- to medium- range ballistic missile threats. It consists of four parts: a truck-mounted launcher, interceptors, the AN/TPY-2 x-band radar used to find and track missiles, and a fire control system used for command and control and mission…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]