Author: Scott Nicholas|| Date Published: January 29, 2018
Lockheed Martin (NYSE: LMT) has secured a potential $459.2 million contract modification from the Missile Defense Agency to manufacture additional Lot 10 Terminal High Altitude Area Defense interceptor systems.
The Defense Departmentsaid Friday the modification exercises an option under a previously awarded contract and will include the delivery of associated production support services.
The modification increases the total value of the THAAD contract to approximately $1.3 billion from MDA funds obligated in 2017 and 2018, Lockheed noted.
THAAD supports the Ballistic Missile Defense System and helps defend allied forces, citizen population centers, infrastructure and military from potential ballistic missile threats.
Lockheed’s missiles and fire control business will perform work in Alabama, Arkansas, California and Texas through June 25, 2021.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
Lockheed Martin (NYSE: LMT) has secured a potential $459.2 million contract modification from the Missile Defense Agency to manufacture additional Lot 10 Terminal High Altitude Area Defense interceptor systems.
