L3Harris wins $6 billion THAAD propulsion contract from Lockheed Martin

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Go back to L3Harris wins $6 billion THAAD propulsion contract from Lockheed Martin

L3Harris Receives THAAD Propulsion Contract Valued at $6 Billion

September 29, 2026 10:00 AM EDT

MELBOURNE, Fla.--(BUSINESS WIRE)-- L3Harris Technologies (NYSE: LHX) has received an undefinitized contract from Lockheed Martin, valued at more than $6 billion (excluding escalations) over seven years, to significantly expand propulsion production for the Terminal High Altitude Area Defense (THAAD) system.

This major milestone follows a... More