Lockheed Martin strikes $35B deal to restock depleted THAAD interceptor stockpile

Lockheed Martin has secured a major contract to produce hundreds of Terminal High Altitude Area Defense (THAAD) interceptors annually over the next seven years, potentially worth up to $35 billion. This deal aims to replenish the U.S.'s dwindling stockpile of crucial defense munitions, emphasizing the importance of maintaining a robust defense arsenal. The contract highlights the Pentagon's commitment to enhancing national security capabilities amid rising global tensions, ensuring readiness against potential threats.