The company said the agreement supports a long-term plan to scale THAAD output over the next seven years. Lockheed Martin will work with the U.S. government toward an initial contract award, expected in the final fiscal year 2026 congressional appropriations and other funding sources.
As part of its production ramp-up, Lockheed Martin said it will break ground on a new Munitions Acceleration Center in Camden, Arkansas. The facility is intended to support production of THAAD, PAC-3 and other systems using advanced manufacturing, robotics and digital technologies.
The company said it has invested more than $7 billion since President Donald Trump’s first term to expand capacity for priority systems, including about $2 billion focused on munitions production. It plans additional multibillion-dollar investments over the next three years to expand and modernize more than 20 facilities across several U.S. states.
Lockheed Martin said it currently operates more than 340,000 square feet of dedicated THAAD production space in the United States and employs more than 2,000 people on the program. The company added that rising production demand is driving the creation of tens of thousands of manufacturing, engineering and skilled trade jobs.
“We are committed to further building on the Department of War’s vision for advancing acquisition reform with additional framework agreements for the critical munitions needed by the U.S. military and our allies. Today’s agreement to quadruple THAAD production means we will have more interceptors available than ever before to deter our adversaries,” said Jim Taiclet, chairman, president and chief executive officer of Lockheed Martin.
