Lockheed Martin (LMT) Announces Receipt of $1.5B U.S. Missile Defense Contract

Lockheed Martin (LMT) Announces Receipt of $1.5B U.S. Missile Defense Contract

"...The contract includes PAC-3 and PAC-3 MSE interceptor deliveries for the U.S. Army, and Foreign Military Sales of PAC-3 interceptors, associated equipment and spares for the Republic of Korea, the Kingdom of Saudi Arabia, Qatar, Taiwan and the United Arab Emirates..."

Reference: www.streetinsider.com .

Pentagon building missile-defense radar station at a secret site in Qatar

Pentagon Bulks Up Defenses in the Gulf

"...The Pentagon is building a missile-defense radar station at a secret site in Qatar and organizing its biggest-ever minesweeping exercises in the Persian Gulf, as preparations accelerate for a possible flare-up with Iran, according to U.S. officials...."

Reference: wsj.com .