Lockheed Martin wins up to $35.33B THAAD interceptor contract through 2032 to quadruple production
The U.S. government awarded Lockheed Martin a seven-year undefinitized contract action worth up to $35 billion (reported $35.33B) to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors. The procurement action runs through 2032 and is positioned to accelerate U.S. missile-defense interceptor capacity.