Bombs Away! Lockheed Expanding Missile Factories, Quadruples Bomb Production for ISIS Long Haul
Lockheed Martin is expanding various munition factories to meet rising demand from the U.S. and its partners fighting the Islamic State and to start equipping American warplanes for great-power wars at sea.
We are seeing a lot of international demand for our product set, Frank St. John, Lockheeds vice president of tactical missiles, said Tuesday. Thats causing us to do a lot of work in international partnerships and co-production and were very excited about those opportunities.
In particular, U.S. and allies are burning through their stocks of Lockheeds Hellfire missile, the signature weapon of Predator and Reaper drones. Helicopters and fixed-wing planes also carry the versatile laser-guided weapon.
It requires a little bit of investment on our part to expand the factories, but the demand is there and were keeping up with it [and] were staying ahead of it, St. John said.
http://www.defenseone.com/management/2016/03/lockheed-expands-munitions-factories-isis-future/126725/?oref=DefenseOneTCO