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Lockheed Martin breaks ground on an 87,000-square-foot Munitions Production Center at its Troy, Alabama campus.
Lockheed Martin has begun constructing an 87,000-square-foot Munitions Production Center in Troy, Alabama.
KEY POINTS
- Building 47 will nearly double the facility's manufacturing capacity for THAAD and Next Generation Interceptor missiles.
- Lockheed has secured a seven-year framework to quadruple annual THAAD interceptor production to 400 units.
- Lockheed plans to add 4,500 frontline workers nationwide as part of this expansion.
- About $1.25 billion has already been spent on the expansion before contract finalization.
COMPANIES
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