Home / Contract Awards / Lockheed Wins $2B For THAAD Missile Interceptors

Lockheed Wins $2B For THAAD Missile Interceptors

Lockheed Martin’s (NYSE: LMT) space systems company has won a $2,023,590,000 contract to provide missile interceptors to the Missile Defense Agency, the Defense Department announced Tuesday.

MDA will receive 42 Terminal High Altitude Area Defense interceptors and combine that order with an order from the United Arab Emirates for 96 interceptors.

The UAE will receive its interceptors through a foreign military sale.

Lockheed also holds a $1.96 billion contract to provide two THAAD weapon systems to MDA along with maintenance to support an FMS agreement with the country.

MDA awarded the undefinitized contract action as a sole-source letter contract and expects to finalize the contract by Nov. 30, the Pentagon said.

The company will manage the work out of Sunnyvale, Calif. and final assembly will occur in Troy, Ala., with a period of performance from June 4, 2012 to July 31, 2018.

MDA’s THAAD program office in Redstone Arsenal, Ala. is the contracting activity.

Check Also

Engility-logo

Lynn Dugle: Engility Shifts to Organic Growth Focus, Seeks $5B in New Bids

Engility Holdings (NYSE: EGL) expects to start seeing some organic sales growth in the second …

FireEye_logo_EM2

FireEye Revamps Leadership Team; David DeWalt Comments

FireEye (Nasdaq: FEYE) has appointed Chairman and CEO David DeWalt as executive chairman of the …

Subscribe to our Newsletter
I will subscribe later