Lockheed awarded $1.5 billion Saudi Arabia THAAD missile defense system contract

July 22, 2019

The Defense Post

Lockheed Martin was awarded an almost $1.5 billion modification to an earlier contract to supply Terminal High Altitude Area Defense Interceptor support items for Saudi Arabia, the U.S. Department of Defense said in a release.

The $1,473,941,756 firm-fixed-price modification to a 2017 Missile Defense Agency contract (HQ0147-17-C-0032) brings the total value to $5,364,606,980, the Friday, July 19 release said.

The contract award came a day after the U.S. House of Representatives voted to block $8.1 billion in arms sales to Saudi Arabia and other Arab states, but without the majority needed to prevent President Donald Trump from vetoing the move.

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