Lockheed Martin Gets $150M US Army Contract

Lockheed Martin LMT has been awarded a $150 million contract from the Missile Defense Agency (MDA) to produce Terminal High Altitude Area Defense (THAAD) Weapon System launchers and fire control and communications equipment for the U.S. Army. The contract includes 12 launchers, two fire control and communications units, and associated support equipment. This contract will provide six launchers for THAAD Battery 5 and an additional three launchers each to Batteries 1 and 2.  These deliveries will bring all Batteries to the standard six launcher configuration.   Ground hardware from this award will be delivered to Fort Bliss, Texas. A production contract for the first two Batteries was awarded to Lockheed Martin in late 2006.  Contracts for Batteries 3 and 4 were awarded in 2011.