New Raytheon and Lockheed Martin Agreements Expand Missile Defense Production

February 11, 2026

Raytheon has recently secured and invested in a new U.S.-based source of rocket motors for the AMRAAM missile, a self-guided munition that originated as an air-to-air weapon but now includes a ground-launched variant. (Image: RTX)

The Defense Department has announced new separate framework agreements with RTX’s Raytheon and Lockheed Martin aimed at rapidly scaling production of both offensive strike weapons and missile‑defense interceptors.

Raytheon’s Missile Production Agreements

RTX’s Raytheon finalized five new framework agreements with the Defense Department to significantly increase U.S.-based production of Tomahawk cruise missiles, AMRAAM air‑to‑air missiles, SM‑3 Block IB and IIA interceptors, and SM‑6 multi‑mission missiles. The agreements span up to seven years and leverage previous capital investments to expand manufacturing throughput at facilities in Tucson, Arizona; Huntsville, Alabama; and Andover, Massachusetts.

Under the new frameworks, Raytheon will scale annual production to over 1,000 Tomahawks, at least 1,900 AMRAAMs , and more than 500 SM‑6 missiles, while also increasing production of SM‑3 IIAs and SM‑3 IBs. Many of these munitions are projected to double or quadruple their current production rates. Raytheon executives cite the agreements as a model for government–industry collaboration under the administration’s Acquisition Transformation Strategy, ensuring faster fielding of critical systems.

The expanded production will support U.S. and allied requirements for long‑range precision strike and integrated air and missile defense. The Tomahawk has been operationally employed more than 2,300 times and flight‑tested over 550 times, while AMRAAM remains the world’s most widely deployed air‑to‑air missile, supporting both fighter aircraft and NASAMS air-defense systems.

Lockheed’s Terminal High Altitude Area Defense (THAAD) is a defense system for short, medium and intermediate-range ballistic missile threats. (Image: Lockheed Martin)

Lockheed Martin to Quadruple THAAD Interceptor Production

In a parallel effort to bolster missile defense, Lockheed Martin signed a new Defense Department framework agreement to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors, increasing annual capacity from 96 to 400. The announcement builds on a previous agreement to accelerate PAC‑3 MSE interceptor output.

To support the increase, Lockheed Martin is breaking ground on a new Munitions Acceleration Center in Camden, Arkansas. The facility will integrate advanced manufacturing, robotics, and digital engineering to support THAAD, PAC‑3, and future missile‑defense programs. The company is also planning multibillion‑dollar investments over the next three years to modernize more than 20 facilities across Arkansas, Alabama, Florida, Massachusetts, and Texas.

Lockheed notes that THAAD’s hit‑to‑kill intercept capability — effective both inside and outside the atmosphere — has reinforced its operational value across U.S. and allied deployments. Since 2016, the company has increased deliveries of six critical munitions by more than 220 percent, with a further 245 percent increase planned to support the Pentagon’s rising missile‑defense requirements.

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