:

Lockheed Martin Receives $789 Million THAAD Production Contract

DDN

Thursday, March 31st, 2011

SHARE:

By Ann Roosevelt Lockheed Martin [LMT] yesterday said it received a $789.8 million production contract to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency (MDA). The contract includes $694.9 million for the production of 48 THAAD interceptors, six THAAD launchers, four fire control units and additional support equipment. Another $94.8 million is an option for additional launchers for the total value of $789.8 million. These components will be employed by Army THAAD Batteries…

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]