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Lockheed awarded $1.48 billion Saudi missile defence contract: Pentagon


The new contract was a modification to a previously awarded agreement to produce the Terminal High Altitude Area Defence interceptor for Saudi Arabia

Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016 (File Photo: Reuters)

Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defence system for Saudi Arabia, the Pentagon said on Friday.

The new contract was a modification to a previously awarded agreement to produce the Terminal High Altitude Area Defence interceptor for Saudi Arabia, the Pentagon said. The new agreement brings the total ...


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