Lockheed to Continue MDA THAAD System Support Under $618M Follow-On IDIQ

May 6, 2020

GovCon Wire

Lockheed Martin (NYSE: LMT) has secured a five-year, $618 million to continue product support for the Missile Defense Agency’s Terminal High Altitude Area Defense system against ballistic missile threats.

The company’s missiles and fire control business will help MDA engineer, maintain and secure the weapon system through the indefinite-delivery/indefinite-quantity (IDIQ) contract, the Department of Defense (DoD) said Thursday.

Work will also involve forward stationing, training, packaging, storage, transportation and safety efforts.

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