Lockheed Martin awarded $3.9 billion THAAD contract
Lockheed Martin will produce elements of the Terminal High Altitude Area Defense (THAAD) Weapons System for the Missile Defense Agency and the United Arab Emirates (UAE) under a $3.9 billion production contract announced on 23 September.
Under the contract, Lockheed Martin will manufacture and deliver a maximum of 110 Lot 4, 5 and 6 interceptors for the US Army, including the fiscal 2014 option. The contract also includes interceptors and other ground hardware for the UAE.
Mathew Joyce, vice president and program manager for THAAD at Lockheed Martin, said: ‘Lockheed Martin is focused on delivering these key components of the THAAD Weapon System to our customers. We continue to see strong interest from around the globe for the unique capabilities THAAD can provide.’
A THAAD battery was deployed for the first time internationally by the US Army to Guam earlier this year. THAAD, a key element of the nation's Ballistic Missile Defense System (BMDS), is a missile defence system designed to intercept in both the endo- and exo-atmospheres to provide versatile capability to the warfighter.
Lockheed Martin is currently under contract for five THAAD batteries for the US Army. Deliveries on Batteries 3 and 4 are underway, with final completion expected in December 2013. Battery 5 was awarded in late 2012.
You may also like
More from Land Warfare
-
![Borsuk IFV programme marks turning point for Poland’s armoured modernisation]()
Borsuk IFV programme marks turning point for Poland’s armoured modernisation
The Borsuk vehicles are to replace the Soviet-designed BMP-1 as the Polish military’s main tracked Infantry Fighting Vehicle (IFV).
-
![DroneShield nets largest order ever with $40 million European CUAS contract]()
DroneShield nets largest order ever with $40 million European CUAS contract
The package of three standalone follow-on contracts makes this the largest contract won by the Australian company and larger than its total 2024 revenue.
-
![US Army modernisation plans raise big concerns for lawmakers]()
US Army modernisation plans raise big concerns for lawmakers
The termination of programmes such as JLTV and RCV has been harshly criticised by members of the US Congress.
-
![The power of partnership: GDMS–UK deepens cooperation with the British Army]()
The power of partnership: GDMS–UK deepens cooperation with the British Army
In Conversation: Shephard's Gerrard Cowan talks to General Dynamics Mission Systems–United Kingdom’s Chris Burrows about how the company's UK TacCIS business is reshaping battlefield communications through sustained customer engagement, accelerated innovation and ecosystem collaboration.
-
![Sweden to purchase IRIS-T air defence systems for $930 million]()
Sweden to purchase IRIS-T air defence systems for $930 million
This recent purchase of the medium-range air defence system adds to the country’s ongoing efforts to ramp up its overall defence readiness and capabilities.
