Lockheed Martin Corp - investment includes over 20 new or modernized U.S. facilities

Lockheed Martin Corp has announced a series of strategic investments aimed at modernizing and expanding its U.S. manufacturing footprint, with over 20 new or upgraded facilities planned or already underway. These investments are part of the company’s broader strategy to enhance production capacity, strengthen supply chain resilience, and meet growing demand for defense systems and munitions.

A key component of this initiative is the construction of a new 225,000-square-foot production facility in Titusville, Florida, designed to support the development of the Trident II D5 Life Extension 2 (D5LE2) missile system. The facility, expected to be operational by 2027, will incorporate digital manufacturing technologies and is projected to create up to 300 new jobs. This project aligns with the company’s 70-year history of supporting the U.S. Navy’s strategic missile programs and underscores its commitment to long-term deterrence capabilities.

In addition to Florida, Lockheed Martin has expanded facilities in Fort Worth, Texas; Camden, Arkansas; and Owego, New York, among other locations. These expansions are intended to increase production efficiency and reduce lead times for critical defense systems. The company has also invested in a new Munitions Production Center in Troy, Alabama, which will support THAAD and NGI production.

Lockheed Martin’s capital investments are part of a larger $9 billion initiative through 2030, aimed at scaling munitions production and modernizing industrial infrastructure. The company is also strengthening its supplier networks and fostering workforce development to ensure sustained operational readiness.