Sign In
Search
International

Lockheed Martin Wins $1.4 Billion Mod For More THAAD Interceptors

Rich Abott By
SHARE:
Lockheed Martin Wins $1.4 Billion Mod For More THAAD Interceptors
A THAAD system successfully launches and intercepts a medium-range target using a remote launcher kit in Flight Test THAAD (FTT)-23 at the Kwajalein Atoll in the Republic of the Marshall Islands (Photo: Missile Defense Agency)

The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] a $1.4 billion modification on March 31 to produce additional Terminal High Altitude Area Defense (THAAD) interceptors and associated one-shot devices for both the U.S. and Foreign Military Sales (FMS) to Saudi Arabia. The Defense Department said this equipment will be procured under fixed-price incentive contract line items, increasing the base contract value from $6.4 billion to $7.76 billion. Work will occur in Dallas, Texas; Sunnyvale, Calif.; Huntsville, Ala.; Camden, Ark.;…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Missile Defense

Johns Hopkins APL Picked As SBI Technical Direction Agent

Business/Financial

HII Adds Outsourcing To Amphib Construction; Australian Official Visits

Navy/USMC

Navy Awards $76.6 Billion For Nine Block VI Virginia-Class And Five Columbia-Class Submarines

Navy/USMC

Marine Corps Accepts Final MV-22B Osprey, Completing Program Of Record

Trending

AE Industrial Partners Completes Acquisition Of Rocketdyne From L3Harris
Johns Hopkins APL Picked As SBI Technical Direction Agent
APG-85 Radar in LRIP, Northrop Grumman Says; F-35 Program Declines Comment
DoD Makes Potential $820 Million Loan Commitment To Drone Company To Mass Produce Components
Defense Watch: FF(X) and BBG(X), AUKUS, K2 Raise, Unmanned News, A-LE

Congress Updates

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume