Lockheed Martin lands up to $35 B THAAD contract, will quadruple interceptor output
Washington awarded Lockheed Martin a seven‑year undefinitized contract worth up to $35 billion to quadruple production of THAAD interceptors. The deal is the first large multiyear procurement under the Pentagon’s Acquisition Transformation Strategy, accelerating the defense industrial base and boosting missile‑defense capacity for the U.S. and its allies.