Lockheed Martin CEO says THAAD interceptor production will rise to 400 a year backed by more than $9 billion in munitions investments
- Lockheed Martin plans to increase THAAD interceptor production from 96 to 400 missiles a year under a seven-year U.
- procurement agreement worth up to $35 billion.
- The expansion is being supported by new manufacturing capacity, factory modernization and a broader $9 billion munitions investment program through 2030.
Unverified
- Lockheed Martin plans to increase THAAD interceptor production from 96 to 400 missiles a year under a seven-year U.
- procurement agreement worth up to $35 billion.
- The expansion is being supported by new manufacturing capacity, factory modernization and a broader $9 billion munitions investment program through 2030.
Sources: Defence-industry