Lockheed Martin Ramps Up Missile Production Amid Record Backlog

Lockheed US5398301094

Defense contractor Lockheed Martin is significantly accelerating output of its missile defense systems. A newly finalized agreement with the U.S. Department of Defense will see annual production capacity for a key interceptor rocket multiply, a direct move to address surging global demand. This strategic expansion promises to enhance long-term planning visibility for the company.

Industry reports dated February 1 indicate Lockheed Martin and the Pentagon have reached a consensus to dramatically scale up production of the Terminal High Altitude Area Defense (THAAD) interceptor missiles. The planned increase will see annual output jump from 96 units to approximately 400, representing a more than fourfold rise in capacity.

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