Author: Nichols Martin|| Date Published: May 4, 2020
Lockheed Martin
Lockheed Martin (NYSE: LMT) has secured a five-year, $618 million to continue product support for the Missile Defense Agency’s Terminal High Altitude Area Defense system against ballistic missile threats.
The company’s missiles and fire control business will help MDA engineer, maintain and secure the weapon system through the indefinite-delivery/indefinite-quantity (IDIQ) contract, the Department of Defense (DoD) said Thursday.
Work will also involve forward stationing, training, packaging, storage, transportation and safety efforts.
The agency intends to issue a potential $10.4 million task order under the IDIQ for battery support services and will obligate $6.3 million in fiscal 2020 operations and maintenance funds on the first order.
Contract work will occur in Dallas, Alabama and California. MDA may issue orders through April 29, 2025.
The U.S. military uses THAAD to deter short- to medium-range missiles via a hit-to-kill interception method. More than 280 vendors nationwide support the program’s supply chain, according to Lockheed.
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