Lockheed Secures $932 Million Defense Deal for Advanced THAAD Missile Interceptors
Lockheed Martin Secures Major Contract Modification for THAAD Development
Lockheed Martin Corporation, based in Sunnyvale, California, has been awarded a significant contract modification worth $911,765,000. This allocation is for the ongoing development and support services related to the Terminal High Altitude Area Defense (THAAD) system, under the indefinite-delivery/indefinite-quantity contract HQ0147-12-D-0001.
The total maximum ceiling value of this contract has been increased from $2,335,000,000 to $3,246,765,000 due to this modification.
This enhancement will facilitate the extension of the project’s performance timeline, allowing for further incremental development. It includes critical support for both flight and ground test programs, ensuring responsive support to meet warfighter requirements and sustaining the Ballistic Missile Defense System throughout its acquisition lifecycle.
Completion dates for the additional work will be determined through upcoming task order awards.
The project will primarily take place in Sunnyvale, California, and Huntsville, Alabama. Notably, no funds are being allocated at the moment of this award.
The Missile Defense Agency, located in Huntsville, Alabama, is overseeing this contracting activity.
