Lockheed Martin reveals new secret missile, fast tracks production
The framework agreement aims to speed production and support a multiyear procurement plan as the Pentagon rebuilds missile stocks depleted in recent conflicts.
- Lockheed Martin announced on Thursday it received the first shipment of critical Patriot interceptor components from General Motors Defense, marking a 22-day turnaround from the August 6 contract signing.
- The Pentagon requires the U.S. to "triple or quadruple" weapons production to recoup losses from wars in Ukraine and Iran, prompting Lockheed to seek manufacturing support from the automaker.
- GM Defense delivered the PAC-3 MSE housing components on August 28, utilizing "advanced casting and machining capabilities to meet exacting defense specifications" for the interceptor system.
- To scale munitions output, Lockheed is investing between $8 billion and $9 billion, aiming to triple PAC-3 production volume by the end of next year to address international demand.
- Targeting $700 million in 2026 defense revenue, GM Defense views this partnership as a "compelling growth opportunity" to improve margins while expanding the broader defense industrial base.
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Military Times
Defense NewsLockheed Martin gets first batch of Patriot interceptor parts from General Motors
Lockheed Martin said on Thursday it received its first shipment of critical components from General Motors for Patriot interceptors, less than a month after the two companies inked a manufacturing agreement, as the Pentagon pushes for faster weapons production.The Patriot missile defense system remains one of the world’s most sought-after weapons for the U.S.-Israeli war with Iran and Russia’s prolonged war with Ukraine. Since Russia’s 2022 inv…
GM delivers first components for US interceptor missiles
GM, which has targeted defense as an area of revenue growth, is providing precision castings to house the weapon for PAC-3 "Patriot" missiles, touted by Lockheed for delivering "exponentially more kinetic energy" compared with other missiles. GM worked with the Pentagon in World War II, but the deliveries are the first for missiles in modern times, according to a GM spokesman, who described PAC-3 production as ongoing. Lockheed's press release t…
GM Defense Delivers First Patriot Missile Parts to Lockheed
General Motors Co. made its first delivery of Patriot missile parts to Lockheed Martin Corp. less than a month after forming a partnership, a sign that the automaker is pushing to help the defense industry rapidly rebuild the nation’s ammunition stock.
Lockheed Martin and GM Defense Fast-Track Patriot Interceptor Components
Lockheed Martin has received its first shipment of key components from General Motors for Patriot interceptors, as per a new manufacturing agreement. This collaboration aims to expedite weapons production, crucial for Ukraine's defense against Russian attacks. The deal builds on efforts to bolster the U.S. defense industrial base.
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