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Lockheed Martin to 'Dramatically' Ramp up Missile Production Under New Deal with Feds

Defense contractor Lockheed Martin Corp. will quadruple its production of precision strike missiles to support a new agreement with the U.S. Department of Defense amid the continuing war with Iran. Lockheed has a major campus for its Missiles and Fire Control division in North Texas.

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In the United States the War Department has signed an agreement with Lockheed Martin to invest in advanced equipment and modernisation of the plants to reduce the production time of Precision Strike Missile (PRSM). This agreement will help to provide the ability to attack in depth to the Armed Forces (US Army and USMC) in a faster and more effective way....

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wpnews.com broke the news in West Point, United States on Wednesday, March 25, 2026.
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