The Washington Times
The U.S. Missile Defense Agency on Thursday awarded Lockheed Martin a $2.8 billion contract to develop more Terminal High Altitude Area Defense defensive weapon systems.
The contract, which can last up to 10 years, provides significant funding for the research and development of THAAD defensive systems. According to Lockheed Martin, the systems have proven effective at defending against short-, medium- and intermediate-range ballistic missiles.
“The combat-proven THAAD interceptor is an effective deterrent against a range of ballistic missile threats,” said Dan Nimblett, vice president of Upper Tier Integrated Air and Missile Defense at Lockheed Martin. “… THAAD is a key part of our missile defense architecture, and this vote of confidence from the MDA reinforces our commitment to jointly delivering enhanced defensive capability against emerging missile threats.
