Lockheed Martin lands up to $35.3–$35.5B seven-year THAAD interceptor procurement to quadruple output
The Pentagon’s Missile Defense Agency awarded Lockheed Martin a seven-year undefinitized contract action valued up to about $35B–$35.5B for production of Terminal High Altitude Area Defense (THAAD) interceptors. The award is positioned as the next production surge step after a January framework agreement designed to quadruple interceptor output.