Lockheed Martin announced on January 29 that it will quadruple production of its THAAD (Terminal High Altitude Area Defense) missile interceptors under a new Pentagon framework agreement. Annual interceptor output will rise from about 96 to 400 per year. “Today’s agreement to quadruple THAAD production means we will have more interceptors available than ever before to deter our adversaries,” said Lockheed Martin CEO Jim Taiclet. The announcement comes as part of a flurry of recent munitions-production initiatives: it follows a deal to more than triple production of Patriot PAC-3...
















