By Ann Roosevelt The Missile Defense Agency (MDA) and the Army successfully conducted the seventh of seven intercept tests for the Terminal High Altitude Area Defense (THAAD) element of the Ballistic Missile Defense System recently. Lockheed Martin [LMT] is the prime contractor for the THAAD system. "It was, from all indications we've had so far, it was 100 percent successful, just as we expected," Tom McGrath, Lockheed Martin vice president for the THAAD program, said in a teleconference from Kauai,…
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