Lockheed Martin Corporation Missiles and Fire Control in Dallas, TX receives a $124.6 million fixed-price contract for THAAD ground components: launchers, launcher spares, fire control and communication spares, and other unique support equipment. All funds are committed immediately, using FY 2014 US Army procurement budgets. Work will be performed at Dallas, TX; Lufkin, TX; Huntsville, AL; Sunnyvale, CA; and Camden, AR, with an expected completion date of Aug 7/17. This contract was a sole-source acquisition, with 1 offer received.
The Terminal High Altitude Area Defense (THAAD) system is a long-range, land-based theater defense weapon that acts as the upper tier of a basic 2-tiered defense against ballistic missiles. It’s designed to intercept missiles during late mid-course or final stage flight, flying at high altitudes within and even outside the atmosphere. This allows it to provide broad area coverage against threats to critical assets such as population centers and industrial resources as well as military forces, hence its previous “theater (of operations) high altitude area defense” designation.