Lockheed Martin received a contract valued at more than $35 billion to produce THAAD missiles, the Department of Defense announced.

“This award reflects our shared vision with the Department of War to strengthen America’s Arsenal of Freedom through a transformational shift to multiyear procurement,” said Tim Cahill, president, Lockheed Martin Missiles and Fire Control. “This new approach propels our efforts to strengthen the defense industrial base, expand production and deliver capabilities to the American warfighter at unprecedented speed and scale.”

Lockheed Martin also recently opened its Next Generation Interceptor facility in Courtland. The 88,000 square-foot, purpose-built plant will produce the Next Generation Interceptor for the Missile Defense Agency and bolster the nation’s layered missile defense architecture.

The multi-year contract heads the list of Huntsville companies or those with operations in Huntsville that recently won DOD contracts.

Verus Research was awarded a cost-plus-fixed-fee Air Force contract with a maximum ceiling of $94,949,999 for laser effects and analysis research. This contract provides technical expertise to enhance the development of both test and data analysis capabilities. The work will be performed at Kirtland Air Force Base, N.M., and is expected to be completed by June 25, 2031.
Lockheed Martin Missiles and Fire Control was awarded a multi-year $35 billion procurement contract for the production of Terminal High Altitude Area Defense (THAAD) Interceptors. The total value of this contract is $35,327,237,604. The Missile Defense Agency on Redstone Arsenal is the contracting activity.
Torch Technologies was awarded a $10,322,371 contract modification for Hardware-in-the-Loop systems to acquire engineering services technical directive efforts. The modification brings the total cumulative face value of the contract to $638,791,658. The Army Contracting Command at Redstone Arsenal is the contracting activity.
Lockheed Martin was awarded an $8,402,489,648 contract modification to increase the ceiling and extend the ordering period for increased production capacity of Precision Strike Missiles Increment One and procurement of Early Operational Capability assets, follow-on production, development, and obsolescence management through fiscal 2032. The Army Contracting Command at Redstone Arsenal is the contracting activity.
KBR Wyle Services was awarded a $35.9 million contract to provide systems engineering and technical assistance services including digital transformation, program management, engineering, software, cybersecurity, and logistics support for multiple air and ground-launched weapon systems. The amount of this action is $35,976,057, with a total cumulative face value of $207,915,330. The work will be performed at Redstone Arsenal with an estimated completion date of Dec. 21, 2031. The Army Contracting Command at Redstone Arsenal is the contracting activity.