Lockheed Wins $150M For THAAD Batteries, Launchers

Lockheed Martin Corp. (NYSE: LMT) has won a $150 million contract modification from the U.S. Missile Defense Agency to continue making batteries for a missile defense system. The Defense Department said Tuesday the MDA will fund this firm-fixed-price modification with fiscal 2010, 2011 and 2012 procurement funds. The company will provide the agency lots three and four of batteries for the Terminal...

Lockheed Wins $66M THAAD Follow-On IDIQ

Lockheed Martin Corp. (NYSE: LMT) has won a $66 million follow-on contract from the U.S. Missile Defense Agency to continue developing an air and missile defense system. The Bethesda, Md.-based contractor said it won the five-year, indefinite-delivery/indefinite-quantity contract to further develop the Terminal High Altitude Area Defense system. Work under the new follow-on award includes three years...

Lockheed Wins Potential $514M THAAD Testing IDIQ

Lockheed Martin (NYSE: LMT) has won a potential $515.4 million Missile Defense Agency follow-on contract to develop and test upgrades for a missile defense system, the Defense Department has announced. The indefinite-delivery/indefinite-quantity contract will field task orders for work on the Terminal High Altitude Area Defense system, including: flight and ground testing communications upgrades spiral...

Lockheed to Receive $1.96B in UAE Missile Interceptor Deal

Lockheed Martin (NYSE: LMT) has confirmed a foreign military sales agreement reported last week by Bloomberg, announcing it has won a $1.96 billion contract to supply two Terminal High Altitude Area Defense weapon systems to the U.S. Missile Defense Agency. Lockheed said in its release it will provide the THAAD weapon systems and maintenance and support equipment under an agreement between the U.S....

Raytheon Wins $946M in Awards for Missile Defense Radars

Raytheon (NYSE: RTN) has won two contracts totaling $946.4 million for AN/TPY-2 radar systems and support services for Terminal High Altitude Area Defense systems, the company announced Friday. The awards include: A $363.9 million contract to provide two AN/TPY-2 radars to the U.S. Army for its THAAD system. A $582.5 million contract to provide AN/TPY-2 radars, spares, training and services through...