Hello, Guest!
  • Thursday, April 18, 2024

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 of engineering technical services for flight test planning, laboratory maintenance, studies and threat assessments.

The company won a $514 million follow-on in February to conduct THAAD flight and ground testing.

THAAD has completed 12 flight tests since 2005, the latest occurring at the Kauai, Hawaii-based Pacific Missile Range Facility.

Soldiers from the 32nd Army Air and Missile Defense Command participated in the test.

Video of the Day

Related Articles

Army Begins Market Research for ACCESS Acquisition Effort Contract Awards

Army Begins Market Research for ACCESS Acquisition Effort

The U.S. Army has started soliciting information from stakeholders to help inform its acquisition approach for the planned Army Contracting Command Enterprise for Sourcing Services procurement program, also known as ACCESS. ACCESS will be the successor to the multiple-award Responsive Strategic Sourcing for Services indefinite-delivery/indefinite-quantity contract, according to a request for information published Wednesday. The

Lockheed Secures $4.1B MDA C2BMC Development Recompete Contract; Erika Marshall Quoted Contract Awards

Lockheed Secures $4.1B MDA C2BMC Development Recompete Contract; Erika Marshall Quoted

Lockheed Martin (NYSE: LMT) has received a potential 10-year, $4.1 billion follow-on contract from the Missile Defense Agency to further develop and integrate updates and capabilities into the Command and Control, Battle Management and Communications system. Under the C2BMC-Next program, Lockheed said Thursday it will improve sensor connection and add new technologies to the system

Marine Corps Selects 3 Vendors for $249M Organic Precision Fires-Light System Development Contract Contract Awards

Marine Corps Selects 3 Vendors for $249M Organic Precision Fires-Light System Development Contract

The U.S. Marine Corps has awarded AeroVironment (Nasdaq: AVAV), Anduril Industries and Teledyne FLIR positions on a potential eight-year, $249 million contract to build, test, support and deliver a non-developmental item loitering munition system designed to provide dismounted Marines in the infantry rifle squad with precision strike capability against adversaries beyond the line of sight.