Lockheed Martin Receives $789.8 Million Weapons Contract
Lockheed Martin, the world's largest defense contractor, was recently awarded a $789.8 million weapons contract from the Missile Defense Agency to produce a weapon to defend against ballistic missiles, The Associated Press reports.
The new contract, which is likely to create new defense jobs across the country, involves the Terminal High Altitude Area Defense (THAAD) weapon system, a major part of the U.S. Ballistic Missile Defense System, according to the news source.
In total, the contract requires Lockheed Martin to manufacture 48 interceptors, six launchers and four units for fire control, among other necessary equipment. The company routinely hires people with security clearance, as they have already taken the necessary steps in order to become qualified for defense and intelligence jobs.
Lockheed Martin, which is based in Bethesda, Maryland, also recently received a $176 million extension for its U.S. Air Force Industrial Product-Support Vendor (IPV) contract, according to a release from the company.
In addition to assisting candidates applying for defense jobs with private companies such as Lockheed Martin, security clearance also benefits applicants seeking employment within various government agencies including the Defense Security Service.