Overview

• The contract modification P00105 adds $2.06 billion to Lockheed Martin’s existing THAAD production deal, boosting its value to over $10.4 billion.
• Interceptor deliveries are scheduled through December 1, 2029 to address an estimated 20 percent depletion of global THAAD stocks.
• The decision follows the use of more than 150 THAAD interceptors to defend Israel during a 12-day missile exchange with Iran, revealing production shortcomings.
• THAAD components will be manufactured under fixed-price incentive terms at Lockheed facilities in Dallas, Sunnyvale, Troy, and Camden.
• As a core layer of U.S. missile defense architecture, THAAD operates alongside allied systems across deployments from the Middle East to East Asia.