Lockheed Martin Corp. was awarded an $850 million modification to an existing contract for element development and support services for a key part of the military's ballistic missile defense system the Missile Defense Agency.
The contract modification, announced Thursday by the Defense Department, will bring the value of an already existing contract for work on the Terminal High Altitude Area Defense system from $1.5 billion to $2.33 billion.
THAAD is an anti-ballistic missile defense system established to shoot down enemy ballistic missiles in their descent phase by intercepting and destroying them.
The system uses ground- and sea-based interceptor missiles to destroy ballistic missiles using either the force of a direct collision, known as a "hit-to-kill" technology, or an explosive blast fragmentation warhead.
The new contract modification exercises an option for additional incremental development, support to flight and ground test programs, and responsive support to requirements to sustain the Ballistic Missile Defense System throughout its life cycle.
Lockheed Martin's work will be performed at its Sunnyvale, Calif., and Huntsville, Ala., with completion dates for work expected under future task order awards, the Pentagon said.
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Raytheon and General Dynamics to operate Reagan Ballistic Missile Test Site
Dulles VA (SPX) Feb 26, 2019
RGNext, a joint venture between Raytheon's Intelligence, Information and Services business and General Dynamics Information Technology (GDIT), will operate the U.S. Army's Ronald Reagan Ballistic Missile Defense Test Site, safely managing space vehicle and ballistic missile launches and missile defense tests conducted from islands in the 750,000-square-mile Pacific Ocean range. Under the $502-million, 10-year contract, RGNext will maintain the range's launch and safety systems, including radar, te ... read more
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