Lockheed receives THAAD contract modification
Lockheed Martin has been awarded $459 million contract modification from the Missile Defense Agency for production and delivery of interceptors for the Terminal High Altitude Area Defense (THAAD) weapon system, the company announced on 26 January.
The modification increases the total value of the THAAD contract to $1.28 billion.
The new interceptors will support US Army THAAD units and emerging operational requirements.
THAAD is a part of the Ballistic Missile Defence System (BMDS), helping protect the US military, allied forces, citizen population centres and critical infrastructure against short- to medium-range ballistic missile attacks.
The system uses ‘hit-to-kill’ technology to counter missile threats. The quickly deployable system is mobile, and is interoperable with all other BMDS elements, including Patriot/PAC-3, Aegis, forward-based sensors and the command, control, battle management and communications system.
Richard McDaniel, vice president for the THAAD system, Lockheed Martin, said: ‘The THAAD system's capability and reliability have been demonstrated with 15 out of 15 hit-to-kill intercepts dating back to 1999, and by exceeding readiness rates currently being experienced in the field with operationally deployed batteries.
‘THAAD interceptors defeat dangerous missile threats our troops and allies are facing today, and have capability against advancing future threats. Our focus on affordability, coupled with efficiencies of increased volume, is providing significant cost-savings opportunities to meet growing demand from the US and allies around the globe.’
You may also like
More from Land Warfare
-
![World Defense Show 2026: Hanwha increases Middle East presence and reveals Tigon 8x8 sale]()
World Defense Show 2026: Hanwha increases Middle East presence and reveals Tigon 8x8 sale
Shephard sat down with Hanwha Middle East and Africa president Sung Il at World Defense Show 2026 to hear about the company’s plans for the region and how it plans to use local industry success to win deals.
-
![Estonia builds Asia-Pacific links as it looks to scale defence industry capabilities]()
Estonia builds Asia-Pacific links as it looks to scale defence industry capabilities
Collaboration between Estonian defence companies and well-aligned firms in Asia-Pacific will form a key part of Tallinn’s ambitions to significantly grow its defence industrial base.
-
![World Defense Show 2026: DOK-ING working on MV-8 variants and reveals specs ahead of Eurosatory]()
World Defense Show 2026: DOK-ING working on MV-8 variants and reveals specs ahead of Eurosatory
The Croatian company began the development of the MV-8 modular uncrewed platform in the early 2020s. Specifications for the vehicle were revealed to Shephard at World Defense Show 2026.
-
![World Defense Show 2026: Turkish and European industries will cooperate, says Aselsan boss]()
World Defense Show 2026: Turkish and European industries will cooperate, says Aselsan boss
Aselsan was formed 50 years ago in response to difficulties Turkey was facing in sourcing major systems internationally. While some challenges still remain, company president Ahmet Akyol believes a rapprochement is possible.
-
![World Defense Show 2026: MARSS displays new Nation Shield air defence C2 system]()
World Defense Show 2026: MARSS displays new Nation Shield air defence C2 system
Nation Shield is the latest iteration of the MARSS C2 system and is designed to provide C2 further forward along with more capable air defence.
