Lockheed wins up to ~$35.5B THAAD interceptor production contract to quadruple output over seven years
The Pentagon’s Missile Defense Agency awarded Lockheed Martin a seven-year, up to ~$35.5 billion undefinitized procurement for production of Terminal High Altitude Area Defense (THAAD) interceptors. The award activates a January framework agreement intended to quadruple interceptor output and scale long-range defense inventory.