Lockheed Martin received $528 Million contract for THAAD Missile Production

Specifications:

Name:

Lockheed Martin received $528 Million contract for THAAD Missile Production

Location:

USA

Company:

Lockheed Martin

Estimated Cost:

$528 Million

Source:

news.lockheedmartin.com

Introduction:

Lockheed Martin received $528 Million contract for production and delivery of interceptors for the Terminal High Altitude Area Defense (THAAD) system from Missile Defense Agency.

Features:

The new interceptors will support a growing number of U.S. Army THAAD units. THAAD is a key element of the Ballistic Missile Defense System (BMDS), and is highly effective at protecting America’s military, allied forces, citizen population centers and critical infrastructure from short- to medium-range ballistic missile attacks.

THAAD interceptors employ Lockheed Martin’s proven “hit-to-kill” technology to destroy missile threats inside and outside the atmosphere. The system is rapidly deployable, mobile, and also interoperable with all other BMDS elements, including Patriot/PAC-3, Aegis, forward-based sensors and the Command, Control, Battle Management and Communications system. These unique capabilities make THAAD an important addition to air and missile defense architectures around the world.