Defense technology company Lockheed Martin recently broke ground on a new munitions production center at its facility in Troy, Ala., that will support Terminal High Altitude Area Defense (THAAD) interceptors and future work with Next Generation Interceptor.
The center, Building 47, will add 87,000-square-feet, nearly doubling the facility’s current production space and creating nearly 4,000 jobs over the next three years.
“Lockheed Martin is ready now to meet the urgent demand to expand production capacity,” Jim Taiclet, Lockheed Martin chairman, president and CEO, said. “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.”
THAAD is the only U.S. system that intercepts targets both outside and inside the atmosphere and is integrated with PAC-3 Missile Segment Enhancement to provide the warfighter with an expanded battlespace and enhanced flexibility. The system is operated by the United States, the United Arab Emirates and Saudi Arabia. Lockheed Martin operates more than 340,000-square-feet of space dedicated THAAD operations at nine U.S. sites
The new center is part of Lockheed Martin’s more than $9 billion investment to scale munitions production and upgrade or build more than 20 facilities across the United States through 2030.