Lockheed Martin on Friday received more than $14.2 million for support for Terminal High Altitude Area Defense missile systems, including theater support as a new deployment on the Korean peninsula starts. The contract modification, announced Friday, increases funding from an existing contract to cover logistics performance requirements, forward stationing for theater support, logistics information, and other services. Last week, the US delivered the first elements of a THAAD system to South Korea in response to repeated missile tests by North Korea.
House, Senate Unveil Competing Proposals for 2026 Budget
July 11, 2025
Lawmakers from the House and Senate laid out competing versions of the annual defense policy bill on July 11, with vastly different potential outcomes for some of the Air Force’s most embattled programs.