Lockheed Martin Corp. has been awarded a contract worth as much as $35 billion from the US Defense Department to quadruple production of missile-defense interceptors as part of a broader effort by the Trump administration to bolster munitions output.
Lockheed Martin Corp. has been awarded a contract worth as much as $35 billion from the US Defense Department to quadruple production of missile-defense interceptors as part of a broader effort by the Trump administration to bolster munitions output.
A Terminal High Altitude Area Defense (THAAD) missile, a PAC-3 air-defence missile and a PrSM precision strike missile at the Lockheed Martin Corp. stand at the Defence and Security Equipment International (DSEI) 2025 exhibition in London, UK, on Wednesday, Sept. 10, 2025. The annual conference historically has been overshadowed by alternating air shows in Paris and Farnborough, England, but the London event has gotten extra attention this year in the wake of European pledges to increase defense spending.