Aug. 3 at 12:32 PM
$LPTH Unless there's a redesign,
$LPTH is not designed into these
$LMT interceptors (yet), but if there is a redesign, it is likely/possible IMO, and Sam has mentioned multiple new programs From Briefing.com this morning:
Northrop Grumman signs
$3 bln in multi-year missile interceptor production agreements; Lockheed Martin (LMT) involved (542.48)
Northrop Grumman signed two framework agreements totaling more than
$3 bln to accelerate production of PAC-3 MSE and THAAD interceptor components.
The larger
$2 bln agreement covers PAC-3 MSE components including solid rocket motors & ignition safety devices to support rising U.S. and allied demand.
A separate
$1 bln, seven-year agreement is aimed at significantly increasing monthly THAAD component deliveries.
Northrop said prior investments since 2021 have expanded solid rocket motor capacity across Utah, West Virginia and Maryland facilities, with PAC-3 MSE output targeted to rise from roughly 600 missiles annually to thousands
