Lockheed gets $1 billion down payment for Saudi THAAD missile system
By Mike Stone WASHINGTON (Reuters) - Lockheed Martin Corp will receive the first payment towards the installation a $15 billion missile defence system in Saudi Arabia as part of a $110 billion arms package the Trump administration said it negotiated with the Kingdom in 2017, the Pentagon said on Monday. The Pentagon awarded Lockheed a $946 million payment for the foreign military sale. In November, the Saudis and U.S.
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