Lockheed, BAE Systems, And Honeywell Invest In Industrial Base
The Pentagon has announced a trio of framework agreements aimed at accelerating the production of key missile systems, including the Precision Strike Missile (PrSM) and Terminal High Altitude Area Defense (THAAD) interceptors. Lockheed Martin has agreed to invest in PrSM production, while BAE Systems will ramp up production of THAAD interceptor seekers. Additionally, Honeywell Aerospace has committed $500 million to produce critical components for munitions. The agreements are part of a larger effort to refill the US weapon stockpiles, as reported by Breaking Defense.