Karman Signs Seven-Year Deal For THAAD Component Ramp-Up

Karman Space & Defense entered a seven-year agreement worth up to $218 million with Lockheed Martin to supply interceptor shrouds for the Terminal High Altitude Area Defense programme. Signed on September 29 and announced on October 20, 2026, the long-term arrangement supports an intended increase in THAAD production rather than the purchase of complete interceptors by Karman. The company manufactures lightweight, high-strength structural components and separation mechanisms used during missile flight. The agreement provides production continuity for a specialised part of the THAAD supply chain, while actual manufacturing quantities and annual delivery rates were not specified in the announcement.