Lockheed's missiles segment sales rise 24% with margin nearly steady

Lockheed Martin announced Oct. 14 that Hadrian will bring a highly automated machining cell inside its Grand Prairie, Texas, facility. Lockheed expects the 24-machine cell to begin operating in early 2027 and add dedicated capacity for critical defense components.¹

Lockheed's production workforce will operate the cell. Hadrian CEO Chris Power said his company would bring automation, software and workforce training from its own factories into Lockheed to produce more, faster. The announcement follows a seven-year agreement the companies signed in 2025.¹

The cell will join a broader expansion at Grand Prairie, where Lockheed is investing $300 million and increasing its manufacturing footprint to more than 735,000 square feet. Across the facility, Lockheed expects to have added nearly 100 new advanced machines by the end of 2026. The release does not specify the Hadrian arrangement's value or commercial terms, who funds the cell, or which components or programs it will machine.¹

Also announced: Lockheed plans to create 6,000 jobs across the United States, including 2,000 in Texas, as it expands advanced manufacturing capacity for critical munitions.¹

The State Department approved a possible Foreign Military Sale to Ukraine estimated at $2.1 billion. Lockheed Martin would be the principal contractor under the proposal, announced in a congressional notification dated Oct. 30, 2026.¹

Ukraine would pay with donations from Canada, Germany and Norway through the JUMPSTART program, plus national funds financed by the European Union’s Ukraine Support Loan. No U.S. funds are involved in the proposed sale.¹

Ukraine requested 500 PATRIOT Advanced Capability-3 Missile Segment Enhancement missiles. The package also includes spare parts and related logistics and program support, so the estimated total covers more than the missiles themselves.¹