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Missile Defense·THAAD, PrSM

Lockheed Martin Wins $35B THAAD Contract

13 sources · first reported Yesterday

via Defence Blog

Lockheed Martin has been awarded a $35 billion contract to quadruple production of the Terminal High Altitude Area Defense (THAAD) interceptor. The contract will increase annual production from 96 to 400 interceptors over the next seven years. Additionally, the company has also received an $8.4 billion contract to expand production of the Precision Strike Missile (PrSM) through 2032.

Why it matters

The THAAD and PrSM contracts are significant for the US military's missile defense capabilities and demonstrate the government's commitment to strengthening its arsenal. The increased production will enhance the country's ability to defend against ballistic missile attacks.

AcquisitionDoD
Prime/Industry 3Independent Media 9Social 1

Development timeline

How this story unfolded across sources, oldest first.

  1. Defence-industry · Primary
    Lockheed Martin PrSM production framework rises to $13.3 billion after $8.4 billion U.S. agreement through 2032
  2. The Defense Post ·
    Lockheed Martin Wins $8.4B Deal to Expand Precision Strike Missile Production
  3. Defence Blog ·
    US Army’s $8.4B contract locks in PrSM production through 2032
  4. Defence Blog ·
    Zone 5 wins $12M to scale up Rusty Dagger missile production
  5. YouTube · LockheedMartinVideos ·
    Lockheed Martin Awarded Contract to Accelerate THAAD Production
  6. Defence-industry ·
    Lockheed Martin receives up to $35 billion seven-year THAAD interceptor award to quadruple missile defense production capacity
  7. Aviation Week ·
    Lockheed Wins $35.3 Billion THAAD Deal - Aviation Week
  8. Govconwire ·
    Lockheed Martin Secures Potential $35B DOW Contract for THAAD Interceptors
  9. Defence Blog ·
    U.S. spends $35 billion to quadruple THAAD interceptor production
  10. Defensemirror ·
    Lockheed Martin Awarded 35 Billion for THAAD Missile Defense Interceptor Production
  11. Defense News ·
    Lockheed Martin wins over $35 billion contract to quadruple THAAD production
  12. Military Times ·
    Lockheed Martin wins over $35 billion contract to quadruple THAAD production
  13. Army Technology ·
    THAAD production to quadruple after $35bn contract - Army Technology