Lockheed Martin Breaks Ground on New Missile Production Facility in Alabama

Lockheed Martin has begun construction on a new Munitions Production Center at its Troy, Alabama campus to increase missile production capacity. The $8-9 billion investment plan through 2030 includes expanding THAAD and Next Generation Interceptor output as part of U.S. defense industrial base efforts.

By By Mike Stone Thu, May 21, 2026 at 11:08 PM GMT+3 2 min read · Yahoo Finance ·

Lockheed Martin Breaks Ground on New Missile Production Facility in Alabama

Tickers: $LMT

Topics: defense industrial base manufacturing missiles

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