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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLockheed Expands Its Munitions Plants for ISIS Fight and Beyond
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.
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http://www.defenseone.com/management/2016/03/lockheed-expands-munitions-factories-isis-future/126725/?oref=d-channeltop
villager
(26,001 posts)Indeed. The MIC will never stop providing them.
arcane1
(38,613 posts)The "demand is there" after all
Else You Are Mad
(3,040 posts)... than war in oil rich countries. The war machine must be fed.
madville
(7,408 posts)Regardless of a Hillary or Republucan win they now business is going to be good for the foreseeable future.