Lockheed Martin invests $8-9 billion in munitions, meeting surging global demand

Lockheed Martin and the U.S. Department of War launched a supplier conference series to accelerate munitions production. The inaugural Dallas event hosted over 150 suppliers for the PAC-3, THAAD, and PrSM programs.

The company committed $8 billion to $9 billion in capital investments. This long-term funding strategy extends through 2030.

Lockheed Martin will modernize or construct more than 20 manufacturing facilities across the United States. The strategy also focuses on building supply chain resilience by securing additional sources for critical components.