Author: Scott Nicholas|| Date Published: March 29, 2017
Lockheed Martin (NYSE: LMT) has landed a $273.5 million sole-source contract from the Missile Defense Agency to produce additional interceptors for the agency’s anti-ballistic missile system.
The Defense Departmentsaid Tuesday the contract covers the lot 9 production of interceptors, one-shot devices and associated production support services for the Terminal High Altitude Area Defense system.
THAAD is a key component of the Ballistic Missile Defense System and designed to take down ballistic missile threats inside or outside the atmosphere.
The platform consists of fire control, interceptors, launcher and radar systems that support deployments via air, land and sea transport.
MDA obligated $81.5 million in fiscal 2017 procurement funds at the time of award.
Lockheed’s missiles and fire control business will perform contract work in Alabama, Arkansas and Texas through March 31, 2020.
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…
