Lockheed Martin has received a production contract totaling $789.8 million to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency.
The contract includes $694.9 million and for the production of 48 THAAD interceptors, six THAAD launchers, four fire control units and additional support equipment. An option for additional launchers in the amount of $94.8 million was also award for a total value of $789.8 million. These components will be employed by THAAD Batteries 3 and 4 for the U.S. Army. Delivery to Batteries 3 and 4 will be completed in 2013.