US Missile Defense Agency orders additional THAAD anti-ballistic missiles

May 3, 2018

Army Recognition:

Lockheed Martin Corp has been awarded two contracts worth US$162 million for the Terminal High Altitude Area Defense (THAAD) anti-ballistic missile defense system, the US DoD announced on May 2, 2018.

The US-based defense giant first landed a $145,256,274 modification contract for the production of additional THAAD Lot 10 interceptors, one-shot devices, and associated product support efforts. The value of this contract is increased from $1,285,845,311 to $1,431,101,585. The work will be performed in several US places, with an expected completion date of Aug. 31, 2021.

A second $17,967,600 modification contract concerns an option for the production of additional Missile Round Pallets – Transportable (MRP-T) for the THAAD system.

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