Lockheed Martin installs Hadrian manufacturing equipment at Texas plant
LMT Lockheed Martin Corp
$589.91 +6.96%
View chart & analysis → - 1Lockheed Martin (LMT) celebrated the expansion of its missile and fire control facility in Grand Prairie, Texas, on October 14
- 2The expansion of over 100,000 square feet includes Hadrian manufacturing equipment to support the production of Patriot interceptor missiles, GMLRS, and precision strike missiles
- 3The CEO stated that Lockheed employees will operate the Hadrian equipment and there is extra space to transfer work to the Arizona plant if it reaches capacity
So what's the key point?
Lockheed Martin has brought manufacturing equipment from a startup called Hadrian into its Texas missile plant. This equipment helps with the production of weapons such as Patriot interceptor missiles.
Source Axios · View original ↗
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