Lockheed inks massive THAAD deal worth up to $35B

🇺🇸 Breaking Defense (US) —
Lockheed inks massive THAAD deal worth up to $35B

AI Summary

Lockheed Martin signed a major contract worth up to $35 billion to supply THAAD missile defense systems, expanding interceptor production as part of a January framework agreement with the US Department of Defense.

The company said the contract “puts in action” the THAAD framework agreement Lockheed signed with the DoD in January designed to quadruple interceptor output.

Security Markets Deals Lockheed Martin THAAD defense contract missile defense US Department of Defense interceptor production

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