Business
Lockheed Martin and U.S. Department of War Sign Framework Agreement to Quadruple THAAD Interceptor Production Capacity
Lockheed Martin (NYSE: LMT) signed a framework agreement with the Department of War (DoW) to quadruple the production of Terminal High Altitude Area Defense (THAAD) interceptors, from 96 to 400 interceptors per year. This announcement builds on the first-of-its-kind agreement signed between the parties earlier this month to accelerate production of PAC-3® Missile Segment Enhancement (MSE) interceptors.
About this update from Lockheed Martin Corporation
[{"type":"text","content":"Company also to break ground on new Munitions Acceleration Center in Arkansas","length":77,"tagName":"p","attribs":{}},{"type":"text","content":"CAMDEN, Ark., Jan. 29, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed a framework agreement with the Department of War (DoW) to quadruple the production of Terminal High Altitude Area Defense (THAAD) interceptors, from 96 to 400 interceptors per year. This announcement builds on the first-of-its-kind agreement signed between the parties earlier this month to accelerate production of PAC-3® Missile Segment Enhancement (MSE) interceptors.","length":454,"tagName":"p"},{"type":"image","alt":"This landmark framework agreement with the Department of War will quadruple Terminal High Altitude Area Defense (THAAD) interceptor production.","displaySize":"","headline":null,"caption":"This landmark framework agreement with the Department of War will quadruple Terminal High Altitude Area Defense (THAAD) interceptor production.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":229,"url":"https://media.zenfs.com/en/prnewswire.com/c9d800aecbb1b99076b36440d2a7994f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bpvW5WxSGGeM_peHfK72Pw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQwNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c9d800aecbb1b99076b36440d2a7994f","width":400,"height":229}},"href":"https://mma.prnewswire.com/media/2872560/Lockheed_Martin_THAAD.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Also in support of its production ramp activities, Lockheed Martin will break ground today on a new Munitions Acceleration Center in Camden, Ark. This world-class facility will prepare the workforce of the future to build THAAD, PAC-3 and other capabilities using advanced manufacturing, robotics and digital technologies.","length":322,"tagName":"p"},{"type":"text","content":"THE BIG PICTURE","length":15,"tagName":"p"},{"type":"text","content":"The continued partnership between the DoW and Lockheed Martin will increase production of THAAD interceptors from its current 96 per year over the next seven years. Lockheed Martin will work with the U.S. government toward an initial contract award on the THAAD framework agreement, expected in the final fiscal year 2026 Congressional appropriations and other sources of funding.","l...