Saturday, March 19, 2016

Lockheed Martin Laser Guided Bomb And Hellfire Production Lines Are Booming

U.S. Navy photo by Mass Communication Specialist 2nd Class Daniel M. Young/Released

Marcus Weisgerber, Fiscal Times/Defense One: The Bomb Business Is Booming for Lockheed Martin

Lockheed Martin is expanding various munition factories to meet rising demand from the U.S. and its partners fighting the Islamic State — and to start equipping American warplanes for great-power wars at sea.

“We are seeing a lot of international demand for our product set,” Frank St. John, Lockheed’s vice president of tactical missiles, said Tuesday. “That’s causing us to do a lot of work in international partnerships and co-production and we’re very excited about those opportunities.”

In particular, U.S. and allies are burning through their stocks of Lockheed’s Hellfire missile, the signature weapon of Predator and Reaper drones. Helicopters and fixed-wing planes also carry the versatile laser-guided weapon.

“It requires a little bit of investment on our part to expand the factories, but the demand is there and we’re keeping up with it [and] we’re staying ahead of it,” St. John said.

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Update #1: Isis: Lockheed Martin's Hellfire missiles and laser-guided bombs see increased demand in fight against Islamic State -- IBTimes
Update #2: Look out ISIS: Lockheed Martin QUADRUPLES manufacturing of laser guided bombs and boosts production of hellfire missiles -- Daily Mail

WNU Editor: Quadrupling their laser guided bomb production line !?!?!?! Someone is definitely expecting more wars and conflicts.

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