Lockheed awarded $1.48 billion Saudi missile defense contract: Pentagon
The logo of Lockheed Martin is seen at Euronaval, the world naval defence exhibition in Le Bourget near Paris/ WASHINGTON (Reuters) - Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, bringing the total value of the deal to $5.36 billion, the Pentagon said on Friday. The new contract was a modification to a previously awarded agreement to produce the Terminal High Altitude Area Defense interceptor for Saudi Arabia, the Pentagon said. In November 2018, Saudi and U.S. officials ...
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