AFP
THAAD Addition

THAAD Addition 27 December, 2017

Lockheed Martin signed another deal in the last days of the year. The deal for the THAAD supply amounted to US $ 553 million.

In addition to the previously signed contract of $ 273.4 million, the contract details have yet to be disclosed.

THAAD is part of the ballistic missile defense system. System is designed to destroy missiles which are in terminal phase, descent or re-entry phase. With the increasing tensions in the Asia-Pacific region, number of systems is increased. THAAD destroys targets with the principle of "hit to kill".

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