{"id":5538,"date":"2019-07-20T03:15:30","date_gmt":"2019-07-20T08:15:30","guid":{"rendered":"http:\/\/planesintheair.com\/?p=5538"},"modified":"2019-07-20T03:15:35","modified_gmt":"2019-07-20T08:15:35","slug":"lockheed-awarded-1-48-billion-saudi-missile-defense-contract","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=5538","title":{"rendered":"Lockheed Awarded $1.48 Billion Saudi Missile Defense Contract"},"content":{"rendered":"\n

WASHINGTON, July 19 (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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

In November 2018, Saudi and U.S. officials signed letters of offer and acceptance formalizing terms for Saudi Arabia’s purchase of 44 THAAD launchers, missiles and related equipment.<\/p>\n\n\n\n

In April Lockheed was awarded a $2.4 billion contract for THAAD interceptor missiles, some of which are slated to be delivered to the Kingdom of Saudi Arabia.<\/p>\n\n\n\n

The latest contract is for interceptor support items.<\/p>\n\n\n\n

Lockheed Martin, the biggest U.S. arms maker, builds and integrates the THAAD system, which is designed to shoot down short-, medium- and intermediate-range ballistic missiles. Raytheon, another U.S. firm, builds its advanced radar.<\/p>\n\n\n\n

(Reporting by David Alexander Editing by Tom Brown)<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4510,5637,1836,2203,5676,5446,1397],"tags":[3480,2860,2721,3930,160,3963,1645,988,430,5851,1042,1268,3388,4311,5907,78,2421,1100,1151,412,2439,4084,1036,1288,2397,1177,3967,5906,1691,1658,1013,5004],"class_list":["post-5538","post","type-post","status-publish","format-standard","hentry","category-aerospace-news","category-business-news","category-defense-news","category-finance-news","category-international-news","category-military-news","category-stock-news","tag-altitude","tag-arabia","tag-area","tag-arms","tag-aviation","tag-award","tag-ballistic","tag-business","tag-contract","tag-d-c","tag-dc","tag-defense","tag-high","tag-interceptor","tag-launcher","tag-lockheed","tag-maker","tag-martin","tag-missile","tag-news","tag-pentagon","tag-radar","tag-raytheon","tag-reuters","tag-saudi","tag-system","tag-terminal","tag-thaad","tag-transport","tag-transportation","tag-washington","tag-win"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/5538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5538"}],"version-history":[{"count":2,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/5538\/revisions"}],"predecessor-version":[{"id":5541,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/5538\/revisions\/5541"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}