Lockheed Martin CEO Jim Taiclet says the company is investing billions to quadruple production of its Terminal High Altitude Area Defense (THAAD) missile defense system as the Trump administration urges defense contractors to prioritize weapons manufacturing over Wall Street interests. "We heard President Trump’s guidance loud and clear," Taiclet told FOX Business on Thursday, referencing the president’s warning against defense companies prioritizing stock buybacks over weapons production. Taiclet said Lockheed invested $3.6 billion in capital spending and independent research and development in 2025 and plans to raise that figure to $5 billion in 2026 — a 35% increase he said is intended to answer President Trump’s call. LOCKHEED MARTIN'S SKUNK WORKS UNVEILS STEALTH COMBAT DRONELockheed Martin shares rose 6% after the company reported earnings and updated its financial guidance. Trump has publicly warned defense contractors against diverting cash to investors rather than weapons production.