Lockheed Martin (NYSE: LMT) has delivered the 800th Terminal High Altitude Area Defense (THAAD) interceptor to the Missile Defense Agency (MDA). THAAD is a highly effective, combat-proven defense capability against short, medium and intermediate-range ballistic missile threats, and is the only U.S. system designed to intercept targets outside and inside the atmosphere.
“With the delivery of the 800th THAAD interceptor, Lockheed Martin demonstrates our unwavering commitment to the MDA, and the service members who operate the system,” said Dan Nimblett, vice president of Upper Tier Integrated Air and Missile Defense. “Our production team and industry partners continue to ensure these deliveries are made on schedule with the highest quality standards to deter and stay ahead of advanced threats.”
In April, the MDA awarded Lockheed Martin a $180.3 million contract to produce additional interceptors and one-shot devices. The award marked the 15th lot of THAAD interceptors on order for the U.S. government and was a modification to the previous contract.