What Happened
Seven-Year Deal Expands Missile Defense Manufacturing Capacity
L3Harris Technologies has been awarded a $6 billion contract by Lockheed Martin to expand production of propulsion systems for the Terminal High Altitude Area Defense (THAAD) ballistic missile interceptor system. The seven-year contract will finance a multi-facility manufacturing expansion to scale solid and liquid propulsion production, with L3Harris constructing new facilities in Alabama, California, and Arkansas. The contract follows a strategic framework agreement between L3Harris, Lockheed Martin, and the US Department of Defense to quadruple production throughput for THAAD propulsion subsystems. This development was first reported by SatNews.