The contract modification raises Lockheed Martin’s total deal value to $1.05B for producing advanced missile defense systems.
Lockheed Martin received a $211.4M contract modification to manufacture new Configuration 3 THAAD launchers for the United Arab Emirates. The deal falls under a foreign military sales agreement and increases the total contract value to $1.05B.
The modification follows prior orders for THAAD systems, reflecting ongoing demand for missile defense capabilities in the Middle East. Earlier contracts for the UAE included similar launcher configurations, with production expected to extend through the coming years.
No immediate market reaction was reported following the announcement.