Lockheed Martin has been awarded two contracts worth $286 million from the US Missile Defense Agency for THAAD missile systems.
The US firm was awarded a contract worth $273,470,000 for the Missile Defense Agency Terminal High Altitude Area Defense Lot 9 Interceptors, the US Department of Defense announced Tuesday.
This contract provides for the production of Lot 9 Interceptors, one-shot devices, and associated production support efforts under fixed-price, incentive-firm target contract line item numbers, the statement said. The performance period is from March 27, 2017, through March 31, 2020.
Lockheed Martin was also awarded a foreign military sales contract worth $11,770,930 to provide the United Arab Emirates (UAE) Terminal High Altitude Area Defense ground components.
According to the statement, the value of this contract is increased from $429,254,563 to $441,025,493. This modification provides for the acquisition of UAE ground component spares as needed by UAE.
Work will be performed at Sunnyvale, California; Dallas and Lufkin, Texas; Huntsville, Alabama; and Camden, Arkansas, with an expected completion date of Oct. 31, 2018, the statement added.
The United States has begun the process of deploying the Terminal High Altitude Area Defense (THAAD) system - an advanced missile defense system to South Korea, Yonhap news agency reported citing a military official. The first elements of the system, including two launchers, arrived at Osan Air Base in Pyeongtaek, 70 kilometers south of Seoul, Monday, the US and Seoul militaries told the news agency on Tuesday
South Korea and US military have decided to deploy THAAD missile defense system at a golf course in the southeastern part of the country to counter the potential missile threat from North. The new site is located in Dalmasan in the countrys southern region, which refers to a golf course in Chojeon-myeon that is situated some 18 kilometers north off the Seongju county office, according to the ministry data submitted to the National Assembly
North Korea launched two short-range Scud missiles and one Rodong intermediate-range missile Tuesday in response to Seoul-Washingtons decision to deploy Terminal High Altitude Area Defense (THAAD) to South Korea. "U
Lockheed Martin has won a contract worth $18 million in foreign military sales to provide the United Arab Emirates (UAE) with ground components for its Terminal High Altitude Area Defense (THAAD) system. "Lockheed Martin Corp
Lockheed Martin has won the US Air Force contract worth $108 million for Advanced Radar Threat System Variant 2 (ARTS-V2). ARTS-V2 is a pre-Milestone B Program to develop and field a high fidelity threat emitter for live aircrew training for anti-access/area denial environments
South Korea has refused renegotiation possibilites to share estimated US$1 billion expenses spent by US for deploying Thaad missile defense system on land of the East Asian country. "I don't think it's an issue for renegotiation," Moon Sang-gyun, a spokesman for the Ministry of National Defense, was quoted as saying by
Seoul has rejected US President Donald Trumps demand of $1 billion for the Terminal High Altitude Area Defense (THAAD) system Washington is installing in South Korea to counter Norths threats. Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completes a revamp of the North American Free Trade Agreement (NAFTA) with Canada and Mexico, Trump said in an interview with
US has started to deploy major components of Terminal High-Altitude Area Defense (Thaad) Missile System at its site in South Korea. On Wednesday, six trailers carrying parts of the THAAD system arrived at a former golf course in the county of Seongju in the country's southern region, Yonhap news agency and YTN television reported today
Lockheed Martin has introduced ‘iSpace also called as intelligent Space to protect their assets and missions in space. The intelligent Space benefits customers with sensor data processing, space domain awareness, command and control, and battle management capabilities for the space domain, the company announced Tuesday
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