Lockheed Martin secures $35.33B contract for THAAD production
Lockheed Martin has secured a multi-year contract valued at $35.33B for the production of Terminal High Altitude Area Defense (THAAD) Interceptors.
The contract is a fixed-price incentive, undefinitized contract that will see the production of THAAD systems.
This contract award is significant for Lockheed Martin, highlighting the company’s role in the defense industry.