UAE Said to Sign Lockheed Thaad Pact Valued to $3.49 Billion
This article is for subscribers only.
The U.S. and the United Arab Emirates have signed a deal valued at as much as $3.49 billion for the first international sale of Lockheed Martin Corp.’s newest missile interceptor, according to government officials.
The initial installment of a so-called “undefinitized contract action” is valued at about $1.96 billion, according to a U.S. government official. The Pentagon may announce the contract action as soon as next week, said the official, who wasn’t authorized to discuss the signing prior to its announcement.