Friday, February 23, 2024

Lockheed Martin awarded additional $2,4 billion for THAAD production

The U.S. Department of Defense has announced on 1 April that largest weapons supplier, Lockheed Martin Corp. is being awarded a modification to a previously-awarded contract for the production of Terminal High Altitude Area Defense (THAAD) interceptors.

The contract modification, announced Monday by the Department of Defense, is worth more than $2,4 billion and covers production of THAAD interceptors and associated one-shot devices to support the U.S. government (USG) and the Kingdom of Saudi Arabia (KSA) Foreign Military Sales (FMS) case requirements.

The THAAD interceptors and associated one-shot devices will be procured under fixed-price incentive (firm target) contract line items.

- ADVERTISEMENT - CONTINUE READING BELOW -

The value of this contract is increased from $1,4 to $3,8 billion.

The Department of Defense noted that: “One offer was solicited with one offer received. The work will be performed in Dallas, Texas; Sunnyvale, California; Huntsville, Alabama; Camden, Arkansas; and Troy, Alabama, with an expected completion date of April 1, 2026.”

The THAAD element provides a globally-transportable, rapidly-deployable capability to intercept ballistic missiles inside or outside the atmosphere during their final, or terminal, phase of flight. THAAD is strictly a defensive weapon system. The system uses hit-to-kill technology where kinetic energy destroys the incoming target.

The THAAD system is a key element of the Ballistic Missile Defense System (BMDS). The system defends U.S.troops, allied forces, population centers and critical infrastructure against short and medium-range ballistic missiles.

Each THAAD system is comprised of five major components: interceptors, launchers, a radar, a fire control unit, and support equipment. THAAD is managed by the Missile Defense Agency; Lockheed Martin serves as the prime contractor and systems integrator; and the THAAD system is operated by the U.S. Army.

If you would like to show your support for what we are doing, here's where to do it.

If you wish to report grammatical or factual errors within our news articles, you can let us know by using the online feedback form.

Executive Editor

About author:

Dylan Malyasov
Dylan Malyasov
Dylan Malyasov is the editor-in-chief of Defence Blog. He is a journalist, an accredited defense advisor, and a consultant. His background as a defense advisor and consultant adds a unique perspective to his journalistic endeavors, ensuring that his reporting is well-informed and authoritative. read more

YOU MIGHT ALSO LIKE

TRENDING NOW

Russian army receives new batch of BMP-1AM fighting vehicles

Russia's "Vysokotochnye kompleksy" (Precision Systems) Holding, a part of Rostec, has delivered another batch of upgraded "Basurmanin" BMP-1AM infantry fighting vehicles to the Russian...