Lockheed Martin has awarded two key subcontracts to industry in the Kingdom of Saudi Arabia for a second source for certain components in the Terminal High Altitude Area Defense (THAAD) Weapon System under a Localization Agreement between Kingdom of Saudi Arabia and Lockheed Martin.
The company published a statement which said these awards support the project approvals announced by the General Authority for Military Industries (GAMI) during the 2022 World Defense Show to localize the manufacture of THAAD interceptor canister and THAAD Missile Round Pallet in Saudi Arabia.
A key condition of the THAAD procurement is the localization of work in the Kingdom, which aligns with the priorities outlined in Saudi Vision 2030, to develop and localize military industries in Saudi Arabia said the statement.
📌@LockheedMartin has awarded two key subcontracts to industry in Saudi Arabia for a second source for certain components in the Terminal High Altitude Area Defense Weapon System under a Localization Agreement between Saudi Arabia and Lockheed Martin.
🔗https://t.co/P6dBz2t0oB pic.twitter.com/tIRAGch15x— Defensehere (@defensehere_en) February 5, 2024
