Lockheed Martin Receives $528 Million THAAD Missile-Defense Contract

Lockheed Martin was recently awarded a $528 million contract by the Missile Defense Agency to produce and deliver for the Terminal High Altitude Area Defense, also known as THAAD, system. These new interceptors are intended to support a growing number of U.S. Army THAAD units. In 2011 the United Arab Emirates were the first international partner to award a contract for the procurement of the THAAD system and since then Lockheed Martin marked a milestone by delivering its 100th THAAD interceptor earlier during the year in 2015.

Recently the fifth of seven programmed THAAD batteries was activated by the U.S. Army at the end of 2015. 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. As outlined by Richard McDaniel, Lockheed Martin's Vice President for the THAAD system, Lockheed Martin's THAAD interceptors are on the cutting edge of missile defense technology. With advanced range, agility and accuracy. These interceptors are fully capable of defeating dangerous missile threats for troops on the battlefield and civilians as well. McDaniel goes on to say that Lockheed Martin's focus on affordability, coupled with efficiencies of increased volume, is providing significant cost-savings opportunities to meet growing demand from the U.S. and allies around the globe.

Lockheed Martin's 'hit to kill' technology is incorporated in their THAAD interceptors and this ensures that missile threats are destroyed inside and outside the atmosphere. The THAAD system is mobile, rapidly deployable and also interoperable with all other BMDS elements, including the 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.

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December 18, 2019
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