Lockheed Martin to Invest $9 Billion to Expand Munitions Production

Key Facts

1Lockheed Martin plans to invest up to $9 billion to expand its munitions production capabilities.

Lockheed Martin plans to invest up to $9 billion to expand its munitions production capabilities. Investing.com reported that the investment is aimed at scaling the company's manufacturing capacity to meet increased global demand for defense systems.

This capital commitment comes as the defense industry faces pressure to address growing order backlogs. LMT closed at $522.23 on October 14, 2026, with the stock reaching a session high of $523.08 and a low of $508.01.