Lockheed Lands $35B THAAD Deal
2 sources · first reported 17h ago
Lockheed has signed a massive contract worth up to $35B for the THAAD system, aiming to quadruple interceptor output. The deal follows a framework agreement with the DoD in January. This contract will significantly boost the production of THAAD interceptors.
Why it matters
The THAAD deal is strategically significant as it enhances the US military's missile defense capabilities, and the increased production will support the growing demand for advanced interceptors. This contract also highlights the ongoing modernization efforts in the US defense sector.
Independent Media 2
Single-source: Independent Media
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How this story unfolded across sources, oldest first.