Lockheed Martin strikes $35B deal to restock depleted THAAD interceptor stockpile

The Hill ·

Lockheed Martin strikes $35B deal to restock depleted THAAD interceptor stockpile

The Pentagon has awarded Lockheed Martin a seven-year contract worth up to $35 billion to churn out hundreds of Terminal High Altitude Area Defense (THAAD) interceptors a year, in an effort to …

The Pentagon has awarded Lockheed Martin a seven-year contract worth up to $35 billion to churn out hundreds of Terminal High Altitude Area Defense (THAAD) interceptors a year, in an effort to replenish dwindling U.S. munitions stockpiles. Announced Wednesday, the award means Lockheed will receive an initial $842.9 million, according to the Missile Defense Agency...

Original source: The Hill

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United States · pentagon · Lockheed Martin