What Happened
Alabama Facility To Quadruple Production Capacity Amid Pentagon Push
Lockheed Martin has broken ground on a new production facility in Alabama, aiming to quadruple the rate of THAAD interceptor production. The 87,000 square foot facility, dubbed ‘Building 47’, will also house work on the Next Generation Interceptor program. The investment is part of Lockheed’s plan to spend $8-9 billion on new facilities through 2030, with the goal of increasing munitions production capacity. The move comes as the Pentagon pushes for more defense contractors to invest in production facilities, with the department signing multiyear framework agreements with Lockheed for THAAD interceptors and other systems. This development was first reported by Breaking Defense.