Lockheed Martin Awarded $1.47 Billion Contract for Saudi Arabia THAAD Interceptors

Released on Friday, July 19, 2019
Saudi Arabia
FMS - Foreign Military Sale
KSA - Kingdom of Saudi Arabia
THAAD - Theater High Altitude Area Defense
Lockheed Martin Corp., Missiles and Fire Control, Dallas, Texas, is being awarded a firm-fixed-price, $1,473,941,756 modification (P00019) to previously-awarded contract HQ0147-17-C-0032 for the procurement of Terminal High Altitude Area Defense (THAAD) Interceptor support items in support of the Foreign Military Sales (FMS) case to the Kingdom of Saudi Arabia (KSA). The value of this contract is increased from $3,890,665,224 to $5,364,606,980. One offer was solicited with one offer received. The work will be performed in Dallas, Texas; Sunnyvale, California; Huntsville, Alabama; Camden, Arkansas; and Troy, Alabama. The period of performance is from July 19, 2019, through July 31, 2023. KSA FMS funds in the amount of $340,940,179 are being obligated at time of award. The Missile Defense Agency, Huntsville, Alabama, is the contracting activity.

Source: https://dod.defense.gov/News/Contracts/Contract-View/Article/1911093/source/GovDelivery/

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