Lockheed Martin wins $12.4M THAAD contract modification

(Missile Defense Agency/contributed)

WASHINGTON — Lockheed Martin has been awarded a contract modification valued at more than $12.4 million for the Terminal High Altitude Area Defense program, the Department of Defense said.

According to a news release, Lockheed Martin’s Missiles and Fire Control received a $12,496,325 contract modification to mitigate obsolescence.

The work will be performed in Huntsville; Troy; Dallas, Texas; Sunnyvale, Calif.; and Camden, Ark., with an estimated completion date of September 2026.

The Missile Defense Agency in Huntsville is the contracting activity

Recent in Defense

Raytheon has been awarded nearly $1 billion in new and modified contracts tied to missile defense radar systems. The Missile Defense Agency announced two contract actions supporting the Army Navy […]

A new federal agreement to significantly expand production of a key missile defense component is drawing attention to Alabama’s significant role in the nation’s defense industry. The Department of War […]