Displaying items by tag: BAE Systems
Pentagon inks deal with BAE, Lockheed for increased production
The Pentagon has signed major agreements with BAE Systems and Lockheed Martin to significantly increase production of key components for the Terminal High Altitude Area Defense (THAAD) system. The deal will see output of advanced infrared seekers quadrupled, supporting a wider plan to expand annual interceptor production from 96 to 400 units. These seekers enable the system to detect and track incoming ballistic missiles travelling at extreme speeds, allowing interceptors to destroy threats through direct impact. The contracts are designed to strengthen supply chains and provide stability for defence manufacturers, enabling investment, expansion, and increased hiring. Officials emphasise that bolstering production capacity is essential to maintaining a strong defensive capability in an increasingly uncertain global environment. However, concerns remain about the high cost of such systems compared to cheaper weapons like drones. Despite this, US defence leaders view THAAD as a critical component of national and allied security.