Vance pushes back on report of stockpile concerns as US races to boost missile production [FOX News]
Lockheed Martin Corporation (LMT)
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Source: FOX News
The U.S. military is racing to boost missile production after years of output that lagged behind current demand left key weapons in short supply, according to an analysis of Pentagon procurement data. At current production rates, some of the Pentagon's most critical munitions would take years — and in some cases decades — to replenish, exposing a gap between battlefield use and industrial capacity that cannot be quickly closed. Major defense contractors have struck new agreements with the Pentagon and pledged to significantly increase production across several high-end munitions programs. But senior military officials warn the buildup will take time. "I think it will take one to two years for them to scale. It won't be soon enough," Indo-Pacific Command Commander Adm. Samuel Paparo told lawmakers in April. The push comes as recent combat has drawn down U.S. stockpiles of high-end munitions, exposing a growing gap between how quickly the military can use advanced weapons and t
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LMT
Earnings
- 4/23/26 - Miss
LMT
Sec Filings
- 4/23/26 - Form 10-Q
- 4/23/26 - Form S-3ASR
- 4/23/26 - Form 8-K
- LMT's page on the SEC website