Lockheed Martin is boosting missile production in Texas with a $300 million investment that will create 6,000 jobs.

Oct 15, 2026, 7:36 AM ETDealRead the original at Benzinga

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Lockheed's $300 million Texas expansion and Avio supply agreement add future capacity for missile programs. Delayed machines, Avio's qualification step, and planned $8 billion to $9 billion spending temper the benefit, but added capacity supports missile production.

LMT · Lockheed Martin Corp.

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More factory space and access to some of Avio's rocket-motor capacity could help Lockheed build key missiles. The new machines are expected to start in 2027, and Avio's output depends on qualification. Lockheed also plans $8 billion to $9 billion in facility spending through 2030, so the added capacity comes with a long-running cost.

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