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Lockheed Martin gains more THAAD work

1st September 2020 - 11:30 GMT | by The Shephard News Team

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Lockheed Martin has received a $911.77 million contract modification from the US Missile Defense Agency for THAAD element development and support services. 

This raises the total maximum ceiling value of the THAAD contract to $3.25 billion. 

The modification extends the period of performance for additional incremental development, support for flight and ground test programmes ‘and responsive support to warfighter requirements to sustain the Ballistic Missile Defense System throughout the acquisition life cycle’, the DoD announced on 28 August. 

Expected completion dates will be established under subsequent task order awards. 

Lockheed Martin will carry out the work at its facilities in Sunnyvale, California and Huntsville, Alabama.  

The contract was awarded almost a year to the day after Lockheed Martin announced a successful demonstration of a remote launch capability for the THAAD missile defence system.

Shephard Defence Insight notes that  THAAD and Patriot systems are expected to work together by the end of 2020 as a result of accelerating operational needs on the Korean Peninsula.

As part of our promise to deliver comprehensive coverage to our Defence Insight and Premium News subscribers, our curated defence news content provides the latest industry updates, contract awards and programme milestones.

THAAD (Terminal High Altitude Area Defense) (RDT&E)

THAAD

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