Lockheed Martin and U.S. Department of War Sign Framework Agreement to Quadruple THAAD Interceptor Production Capacity

Core Insights - Lockheed Martin is significantly increasing the production of THAAD interceptors from 96 per year over the next seven years, in collaboration with the Department of War [2] - A new Munitions Acceleration Center is being established in Camden, Arkansas, to enhance workforce capabilities in advanced manufacturing and robotics [1] Investment and Production Expansion - Lockheed Martin has invested over $7 billion since President Trump's first term, with approximately $2 billion allocated for munitions production acceleration [5] - The company plans a multibillion-dollar investment over the next three years to expand production and modernize over 20 facilities across multiple states [5] - The THAAD framework agreement is the second of its kind, following a recent agreement for PAC-3 MSE interceptors [5] Job Creation and Manufacturing Growth - Lockheed Martin is creating tens of thousands of high-quality American jobs in manufacturing, engineering, and skilled trades to meet rising production demands [5] - Since 2016, deliveries of six critical munitions have increased by over 220%, with a projected additional increase of 245% to support PAC-3 and THAAD capabilities [5] - Manufacturing jobs have grown by over 60% since President Trump's first term, with an additional ~50% growth projected by 2030 [5]