Lockheed Martin Awarded THAAD Production Contract for the U.S. Missile Defence Agency

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Lockheed Martin Awarded $789.8 Million THAAD Production Contract
UNITED STATES - 30 MARCH 2011

DALLAS, TX, March 30th, 2011 -- Lockheed Martin [NYSE:LMT] has received a production contract totaling $789.8 million to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency.

The contract includes $694.9 million and for the production of 48 THAAD interceptors, six THAAD launchers, four fire control units and additional support equipment. An option for additional launchers in the amount of $94.8 million was also award for a total value of $789.8 million. These components will be employed by THAAD Batteries 3 and 4 for the U.S. Army. Delivery to Batteries 3 and 4 will be completed in 2013.

"We have great confidence in the production plans established to deliver the THAAD weapon system to the warfighter as soon as possible," said Tom McGrath, vice president and program manager for THAAD at Lockheed Martin. "Lockheed Martin remains focused on ensuring THAAD is reliable, affordable and effective."

THAAD interceptors are produced at Lockheed Martin's Pike County Facility in Troy, Ala. The launchers and fire control units are produced at the company's Camden, Ark., facility. A contract for the delivery of the first two U.S. Army Batteries was awarded to Lockheed Martin in late 2006.

Since 2005, the THAAD development program has completed 11 flight tests, with seven intercepts in seven 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.

Two THAAD batteries have been activated at Fort Bliss, Texas. The first THAAD Battery (A-4 ADA Battery) was activated in May 2008. In October 2009, the U.S. Army activated the second THAAD Battery (A-2 ADA Battery). Unit training for this Battery began earlier this year.

A key element of the nation's Ballistic Missile Defense System (BMDS), THAAD is a Missile Defense Agency program, with the program office located in Huntsville, Ala. The Agency is developing the BMDS to defend the United States, its deployed forces, friends and allies against ballistic missiles of all ranges and in all phases of flight.

File Photo: Lockheed Martin's THAAD Weapon System Achieves First Successful Intercept of a Separating Target.

Source: Lockheed Martin

 

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U.S. Army receives first THAAD missiles
UNITED STATES - 27 MAY 2011

ANNISTON ARMY DEPOT, Ala. -- Lockheed Martin delivered the first two Terminal High Altitude Area Defense (THAAD) Missiles to the U.S. Army, capping off years of planning and development.

The two missiles arrived at Anniston Defense Munitions Center May 16 and were quickly taken to the ammunition bunker that will be their home until the need arises to ship them to the warfighter.

The THAAD missile is a U.S. Army missile system designed to intercept and destroy short, medium and intermediate ballistic missiles. The THAAD missile uses kinetic energy to destroy its target, meaning it does not carry a warhead like traditional missiles, but makes a direct hit and destroys the enemy missile.

ADMC will be responsible for maintaining, shipping and escorting the missiles to their destination.

This has required extensive training and preparation by the employees of ADMC to ensure mission success.

Representatives from various DOD agencies, such as the Missile Defense Agency and Army Aviation and Missile Command, who had a part in the planning, testing and production of the THAAD missile, were on-hand to witness this historic moment.

"Our new mission to receive, store and ship THAADs is a great example of how the team here at ADMC can work with our customers to provide outstanding and unique munitions services to ensure ADMC remains a valuable asset to the warfighter," said ADMC Commander Lt. Col. Randall DeLong.

Photo: The first two Terminal High Altitude Area Defense Missiles are delivered May 16 to Anniston Army Depot's Ammunition Limited Area for storage by the Anniston Defense Munitions Center.