DECEMBER 9, 2022
USA News

US Lockheed Martin Expands Production while Rising Global Demand for Arms

US Lockheed Martin Expands Production while Rising Global Demand for Arms

Lockheed Martin, a leading US arms manufacturer, has announced plans to increase production of essential weapons systems in response to growing global demand. The company aims to meet the needs of various nations by ramping up production of High Mobility Artillery Rocket Systems (HIMARS), Javelin anti-tank missiles, Guided Multiple Launch Rocket Systems (GMLRS), and PAC-3 systems. Frank St. John, Chief Operating Officer of Lockheed Martin, highlighted the company's commitment to doubling HIMARS production, significantly increasing Javelin production, and delivering over 10,000 GMLRS units in 2024.

The company attributes its production expansion to its digital transformation initiative, 1LMX, which integrates advanced technologies such as data analytics and AI to enhance productivity and efficiency. As Lockheed Martin gears up to meet heightened demand, observers speculate on the correlation between increased arms production and ongoing conflicts worldwide, including the war in Ukraine, tensions in West Asia, and geopolitical rivalries involving China.

 

 

 

 

 

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On this day (June 23), 1980, the Soviet Union announced the beginning of its withdrawal from Afghanistan. 

 

 

 

 

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