Lockheed Martin Wins $1.08 Billion Future Interceptor Contract
The U.S. Army awarded Lockheed Martin an Other Transaction Agreement to develop the Future Interceptor program. The project is estimated at $1.08 billion, including $660.4 million in government funding and a $423 million Lockheed Martin cost-sharing commitment.
The U.S. Army has awarded Lockheed Martin an Other Transaction Agreement to develop the Future Interceptor program, which is designed to strengthen the Integrated Air and Missile Defense portfolio against advanced air and missile threats. The project has an estimated value of $1.08 billion, consisting of $660.4 million in government funding and a $423 million cost-sharing commitment from Lockheed Martin. This development is part of a broader effort to enhance defense capabilities against sophisticated aerial threats.