The US Department of Defense has awarded arms manufacturing giant Lockheed Martin Corp a $2.5 billion contract to produce Terminal High Altitude Area Defense (THAAD) missile systems for Saudi Arabia, as part of President Donald Trump’s extensive arms deals with the oil-rich kingdom.
“Lockheed Martin Corporation Missiles and Fire Control [of] Dallas, Texas is being awarded a $2,457,390,566 modification… contract for the production of THAAD interceptors… to support the US government and the Kingdom of Saudi Arabia,” the Pentagon said in a press release on Monday.
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