THAAD gets $2B contract
Published 6:38 am Wednesday, January 4, 2012
A weapon system partially manufactured in Troy is part of an almost $2 billion contract awarded by the U.S. and United Arab Emirates governments.
Lockheed Martin has announced the company has received a contract to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency and the United Arab Emirates.
The contract is the first Foreign Military Sale of the THAAD Weapon System.
“Lockheed Martin is pleased the U.S. Government and the United Arab Emirates have reached an agreement on a path forward for the first Foreign Military Sale of the THAAD Weapon System,” said Tom McGrath, vice president and program manager for THAAD at Lockheed Martin. “We look forward to working with our customers to deliver this important capability.”
THAAD interceptors are produced at Lockheed Martin’s Pike County Facility in Troy. The launchers and fire control units are produced at the company’s Camden, Ark., facility.
Lockheed Martin is currently under contract for four THAAD batteries for the U.S. Army. A contract for the delivery of the first two U.S. Army batteries was awarded to Lockheed Martin in late 2006. Contracts for batteries three and four were awarded in 2010 and early 2011 respectively.
Since 2005, the THAAD development program has completed 12 flight tests, with nine intercepts in nine attempts. THAAD is the only missile defense system with the operational flexibility to intercept in both the endo- and exo-atmospheres to provide versatile capability to the warfighter.