LMT · News · 20260930N
THAAD Production Expansion
LOCKHEED MARTIN CORP · 2026-09-30 · Importance 83 · Surprise 82 · In source text
Lockheed Martin awarded L3Harris a contract worth more than $6 billion to increase propulsion-system production for the THAAD missile-defense program. The plan is intended to quadruple THAAD propulsion output through a new solid-rocket-motor plant and expanded liquid-propulsion attitude-control and divert-system capacity. The award indicates significant expected demand growth for THAAD interceptors and expansion of Lockheed Martin’s missile-defense supply chain.
Key facts
- The agreement Lockheed Martin made with L3Harris is part of a plan to quadruple THAAD propulsion output, involving construction of a new solid rocket motor plant and increased capacity for liquid-propulsion attitude control and divert systems. source
- Lockheed Martin awarded L3Harris a contract worth over $6 billion to significantly increase production of propulsion systems for the THAAD missile defense program. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | The agreement Lockheed Martin made with L3Harris is part of a plan to quadruple THAAD propulsion output, involving construction of a new… |
| revenue | positive | probable | — | The agreement Lockheed Martin made with L3Harris is part of a plan to quadruple THAAD propulsion output, involving construction of a new… |
| liability | negative | committed | — | Lockheed Martin awarded L3Harris a contract worth over $6 billion to significantly increase production of propulsion systems for the THAAD… |