Lockheed Martin awarded $142.62M Missile Defense Agency contract

Lockheed Martin (LMT) was awarded a $142.62M noncompetitive, cost-plus-incentive-fee, cost-plus-fixed-fee, and firm-fixed-price contract modification under a Foreign Military Sales case to the United Arab Emirates. The total value of the contract increased to $876.75M. Under this modification, the contractor will provide continued maintenance and sustainment support for two Terminal High Altitude Area Defense Batteries for UAE. The scope of work includes logistics management, logistics product database, training, missile and ground repair and return, hardware and software development and sustainment, hardware in the loop, engineering services, missile field surveillance program, and country unique specialty engineering for FMS client. The performance period is from January 2026 through August 2028. One offer was solicited, and one offer was received. UAE FMS funds in the amount of $142.62M are being obligated on this modification. The Missile Defense Agency is the contracting activity.