Lockheed Pumps $300M Into Texas Plant to Feed Missile Surge...

Lockheed Martin is pouring $300 million into its Grand Prairie, Texas facility to triple the square footage dedicated to missile manufacturing, adding 130,000 square feet of factory space and installing roughly 130 high-precision machines by late 2026. The expansion directly serves a cascade of Pentagon contracts signed since January—including a $58.6 billion seven-year deal to increase PAC-3 production from 600 to 2,000 interceptors annually and a $35 billion agreement to quadruple THAAD output. The facility currently churns out 250,000 parts yearly with 800 employees; Lockheed expects to hire 2,000 workers in Texas alone as part of an $8–9 billion nationwide manufacturing overhaul through 2030.