THAAD Lot 2 Contract Award Delayed Due To DOD, Lockheed Negotiations

By Debbie Siegelbaum / January 5, 2011 at 6:22 PM
A significant contract award for the Terminal High Altitude Area Defense system has been delayed due to ongoing contract negotiations between the Defense Department and contractor Lockheed Martin, according to an industry official. “We’re actually talking about a mix of type of contracts for this program, and so that’s taking a little bit longer to settle on the contract details and the ultimate price of the system.” said Lockheed’s vice president of air and missile defense systems, Michael Trotsky, in...

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