Lockheed Martin broke ground on a new Munitions Production Center in Troy yesterday. The new facility will add 87,000 square feet of production space, supporting Terminal High Altitude Area Defense (THAAD) interceptors and future work on the Next Generation Interceptor (NGI).
The new Troy facility is part of the company’s $9 billion investment through 2030 to meet heightened munitions demand. This facility will double the current production space in Troy and is expected to generate a significant number of new jobs over the next three years. Lockheed Martin already employs almost 4,000 people in Alabama.
Lockheed Martin has agreed to quadruple production of THAAD and Precision Strike Missile and triple production of PAC-3 MSE interceptors under the Department of War’s Acquisition Transformation Strategy.
“Lockheed Martin is ready now to meet the urgent demand to expand production capacity,” said Lockheed Martin Chairman, President and CEO Jim Taiclet. “We have already invested well over a billion dollars in this expansion, which directly strengthens deterrence and helps ensure our service members and allies have the capabilities they need when they need them.”
In addition to the U.S., THAAD is operated by the United Arab Emirates and the Kingdom of Saudi Arabia. It is the only U.S. system designed to intercept targets outside and inside the atmosphere and is integrated with PAC-3 Missile Segment Enhancement.
Lockheed Martin has more than 340,000 square feet of dedicated operations space for THAAD across nine U.S. facilities, with nearly 750 U.S.-based suppliers across 42 states. Last week, the company held a summit with suppliers that are critical to scaling munitions production.
Lockheed Martin also is planning several additional facility groundbreakings and expansions in Alabama to support other programs including the NGI, AGM-158 and Air-Launched Rapid Response Weapon.
