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Lockheed awarded $1.48 billion Saudi missile defence contract: Pentagon

The new contract was a modification to a previously awarded agreement to produce the Terminal High Altitude Area Defence interceptor for Saudi Arabia

Reuters  |  Washington 

Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defence system for Saudi Arabia, the Pentagon said on Friday. The new contract was a modification to a previously awarded agreement to produce the Terminal High Altitude Area Defence interceptor for Saudi Arabia, the Pentagon said. The new agreement brings the total value of the THAAD deal to $5.36 billion, it said.      

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First Published: Sun, July 21 2019. 02:42 IST
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