Lockheed Martin has been awarded a contract for anti-ballistic missile interceptors.
The deal, announced Wednesday by the Department of Defense, is valued at more than $145.2 million under the terms of a fixed-price incentive-firm target contract for line item numbers -- a modification to a previous Pentagon award.
The contract from the U.S. Missile Defense Agency enables Lockheed Martin to provide additional Terminal High Altitude Area Defense, or THAAD, Lot 10 anti-ballistic missile interceptors, along with associated products, according to the Defense Department.
The modified contract surges the award to Lockheed by more than $145.2 million dollars, bringing the total cumulative value the contract to more than $1.431 billion.
Work on the contract will occur in multiple locations across the United States, and is expected to be complete in August 2021.
The total amount of the contract will be obligated to Lockheed Martin at time of award.
The funds will be allocated from fiscal 2018 procurement funds, the Pentagon said.
Related Links
Learn about missile defense at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com
| Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.</span> |
||
| SpaceDaily Contributor $5 Billed Oncecredit card or paypal |
 |
SpaceDaily Monthly Supporter $5 Billed Monthlypaypal only |
Fourth US Air Force SBIRS satellite sends first images back to Earth
Buckley AFB CO (SPX) May 03, 2018
The U.S. Air Force's fourth Space Based Infrared System (SBIRS) satellite transmitted its first images back to Earth. The milestone, known as "first light," occurred in February when the SBIRS GEO Flight-4 satellite, built by Lockheed Martin, turned on its powerful sensors for the first time during space vehicle checkout. SBIRS GEO Flight-4 is the latest satellite to join the Air Force's orbiting missile warning constellation. Equipped with powerful scanning and staring infrared surveillance senso ... read more
from Military Space News, Nuclear Weapons, Missile Defense https://ift.tt/2IbzGkJ
via space News
No comments: