Lockheed Martin on track to increase production of weapons s

Lockheed Martin on track to increase production of weapons systems

The Russia-Ukraine war, the Middle East crisis and the specter of Chinese aggression are driving demand for weapons systems made by U.S. defense companies. Lockheed said it was on track to double production of its High Mobility Artillery Rocket Systems (HIMARS). HIMARS production capacity has already increased from 48 per year to 60 per year and is on track to meet the 96 per year capacity by the end of 2024.

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