Lockheed Martin invests $300 million to expand Texas munitions manufacturing

Bitget2026/10/14 21:34

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Lockheed Martin is investing $300 million to expand advanced munitions manufacturing at its Grand Prairie, Texas, facility.
The expansion will increase the site's manufacturing footprint to more than 735,000 square feet.
Broader capacity expansion plans will create 6,000 US jobs, including 2,000 in Texas.
Hadrian will install a highly automated, 24-machine machining cell at Grand Prairie, expected to begin operating in early 2027.
The investment forms part of an $8-9 billion commitment through 2030 to scale munitions production across more than 20 US facilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lockheed Martin Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610141733PR_NEWS_USPR_____FL72606) on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lockheed Martin invests $300 million to expand Texas munitions manufacturing

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