Lockheed nearing $2 billion plus deal for THAAD missiles: sources

FILE PHOTO: Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo

FILE PHOTO: Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo

More

WASHINGTON (Reuters) - Lockheed Martin Corp is nearing award from the Pentagon worth more than $2 billion for THAAD interceptors some of which are slated to be delivered to the Kingdom of Saudi Arabia, people familiar with the deal said on Monday.

In November, the Saudis and U.S. officials signed the letters of offer and acceptance formalizing terms for Saudi's purchase of 44 THAAD launchers, missiles and related equipment.

The award could come as soon as Monday afternoon, the people said on condition of anonymity.

A Lockheed Martin representative declined to comment, and a Pentagon representative did not immediately respond to a request for comment.

(Reporting by Mike Stone; Editing by Nick Zieminski)

all right reserved for yahoo news

Get the latest news delivered to your inbox

Follow us on social media networks

PREV Heartless thieves leave 13th-century church exposed to the elements by stealing ...
NEXT UPDATE 1-South Korea gives most aid to North Korea since 2008 amid food shortage