None
SW
Lockheed Martin and U.S. Department of War sign framework agreement to quadruple THAAD interceptor production capacity
['Jules Roukoz', 'Root', '--M-A-Box-Bp', '--M-A-Box-Bp-L', '.M-A-Box', 'Width', 'Margin-Top', 'Important Margin-Bottom', 'Important', '.M-A-Box-Header']
EDR Magazine
Also in support of its production ramp activities, Lockheed Martin will break ground today on a new Munitions Acceleration Center in Camden, Ark.
THE BIG PICTUREThe continued partnership between the DoW and Lockheed Martin will increase production of THAAD interceptors from its current 96 per year over the next seven years.
Lockheed Martin has invested more than $7 billion since President Donald Trump’s first term to expand capacity for priority systems, including approximately $2 billion dedicated to accelerating munitions production.
Today’s agreement to quadruple THAAD production means we will have more interceptors available than ever before to deter our adversaries,” said Lockheed Martin Chairman, President and CEO Jim Taiclet.
Photo courtesy Lockheed Martin