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Grand Prairie

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Lockheed Martin (NYSE: LMT) expands Texas missile production with $300 million investment
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Lockheed Martin unveils $300m Texas munitions expansion as 6,000 new jobs planned

Lockheed Martin is expanding its Grand Prairie manufacturing complex and bringing Hadrian's automated machining technology into missile production, part of a broader $8 billion to $9 billion industrial investment programme through 2030. The initiative targets higher output across major US missile programmes, but the commercial payoff will depend on production ramp-ups, supply chain performance and sustained defence procurement.