Is Lockheed Martin Expanding Its Missile Production Capacity?

Is Lockheed Martin Expanding Its Missile Production Capacity?

LMT ramps missile output with new facilities, supply-chain upgrades and major contracts, signaling a major push to meet rising global defense demand.

Lockheed Martin Expands Javelin Missile Supply Chain

Lockheed Martin is expanding its Javelin missile supply chain to meet the increasing global demand for this shoulder-fired anti-tank weapon. The company and its Javelin Joint Venture partner Raytheon have coordinated close to 100 parts suppliers and numerous subcontractors to ready for a significant increase in production. New U.S. Army production contracts and Foreign Military Sales aim to roughly double output to about 4,000 missiles per year.…