Lockheed Martin announced on January 29 that it will quadruple production of its THAAD (Terminal High Altitude Area Defense) missile interceptors under a new Pentagon framework agreement. “Today’s agreement to quadruple THAAD production means we will have more interceptors available than ever before to deter our adversaries,” said Lockheed Martin CEO Jim Taiclet. In July 2025, the Missile Defense Agency (MDA) already modified its THAAD production contract to raise its value from $8.35 billion to $10.42 billion, reflecting higher production targets. The press release notes Lockheed’s plan to invest multibillions over the next few years and build or modernize dozens of factories for THAAD, PAC-3, and other missile lines. Dawn Golightly, a Lockheed missile-defense vice president, said the company “remains committed to innovation and investment in interceptor production” as global threats rise.