Lockheed Martin to increase production of Javelin AntiTank missiles

The popularity of Javelin AntiTank missiles is undoubted, as they have proven their worth in modern hybrid warfare. This provides prospects for increasing production for Lockheed Martin. After Russia's invasion of Ukraine and the use of this type of weapon, the popularity of Javelin is growing, which invariably affects orders. This was stated by the executive director of the main US contractor.

Javelin will improve performance and other qualities

To expand production, Javelin Lockheed Martin is purchasing equipment, hiring employees, and expanding its production space. The company is also going to advance suppliers to quickly increase productivity and boost capacity.

It should be noted that Lockheed Martin also produces spare parts for Raytheon Technologies Stinger missiles, which were also delivered to Ukraine in large volumes.

What other weapons will be produced in large volumes

In addition to the anti-tank missiles used by the Ukrainian armed forces to repel Russian tank attacks, consumer attention is focused on Lockheed Martin Pac-3 interceptors (enhanced ballistic missiles) and THAAD missile systems (later modifications are considered air defence systems. The cost is $2.3-3 billion), radar missiles and guided missiles.

Lockheed Martin CEO James D. Ticklet said the company expects to complete the contract with the US Department of Defence and other customers as it expands production. The contracts will help replenish the reserves of this type of weapon for the countries concerned.

Lockheed Martin

The company was formed as a result of the merger of Lockheed and Martin Marietta in 1995. It is the largest arms manufacturer in the United States. Its areas of interest include aeronautical engineering, shipbuilding, automation of airport services and structures, and logistics.

Lockheed Martin is considered to be the world's largest military-industrial enterprise, generating $95% in revenue from the US Department of Defence and other government agencies. In 2019, Lockheed Martin was included in a limited list of equipment and aircraft manufacturing companies under the US lunar programme Artemis.

The main division of the company is Lockheed Martin Aeronautics. This company produces C-130 Hercules, F-16 Fighting Falcon, F-22A Raptor, F-35 Lightning II, P-3 Orion transport aircraft and other aviation equipment.

Javelin (man-portable air defence system)

The Javelin man-portable missile system (MANPADS) has been developed since 1986 and was adopted by the US Army in 1996. The name translates as "spear for throwing". It was designed to engage low-altitude, low-speed targets (helicopters and UAVs) and fixed-wing aircraft. Javelin first proved its worth during the Iraq war. A set of equipment with missiles is worth USD 600,000 and up to USD 1.4 million if exported.