Lockheed Martin Receives $35 Billion US Contract to Quadruple THAAD Missile Production (opex360.com)

• Pentagon awards Lockheed Martin $35 billion fixed-price contract to quadruple THAAD missile production.
• Annual production to rise from 96 to about 384 missiles over seven years.
• Contract follows January 2026 framework agreement and precedes new factory investments in Alabama and Arkansas.

"The US Pentagon awarded Lockheed Martin a $35 billion fixed-price contract to increase THAAD missile production from 96 to an expected 384 units per year over seven years. The contract follows a January framework agreement and investments in new facilities in Alabama and Arkansas. Lockheed will expand its supply chain to support the ramp-up, which aims to meet rising demand for missile defense systems from the US and allies."