Lockheed Martin to build missile defense rockets

Lockheed Martin will build 18 to 40 missile defense rocket interceptors under a $273.5 million contract. The U.S. Missile Defense Agency (MDA) in Huntsville, Ala., is asking the Lockheed Martin Missiles and Fire Control segment in Grand Prairie, Texas, to build Lot 9 of the MDA's Terminal High Altitude Area Defense (THAAD) ballistic missile defense system interceptor missiles, designed to shoot down ballistic missiles in their terminal phase using a hit-to-kill kinetic warhead.