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Lockheed Martin Corp Receives $3.9 Billion THAAD Production Contract


Monday, 23 Sep 2013 09:00am EDT 

Lockheed Martin Corp announced that it has received a production contract totaling $3.9 billion to produce elements of the Terminal High Altitude Area Defense (THAAD) Weapons System for the Missile Defense Agency and the United Arab Emirates. The contract includes the manufacture and delivery of a maximum of 110 interceptors for the U.S. Army, including the fiscal 2014 option. These Lot 4, 5 and 6 interceptors will be fielded to the U.S. Army at Ft. Bliss, Texas. The contract also includes interceptors and other ground hardware for the UAE. Lockheed Martin is currently under contract for five THAAD batteries for the U.S. Army. Deliveries on Batteries 3 and 4 are underway, with final completion expected in December 2013. Battery 5 was awarded in late 2012. 

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