Lockheed Martin inaugurated an 88,000-square-foot Missile Assembly Building 5 in Courtland, Alabama, to produce the Next Generation Interceptor (NGI) for the Missile Defense Agency. This advanced facility uses digital manufacturing and automation to enhance production efficiency and quality, supporting the U.S. layered missile defense system. The NGI is designed for rapid technology upgrades and integration with space-based sensors, improving national security by detecting and neutralizing threats early. The new factory also highlights Lockheed Martin's ongoing investment in Alabama, creating skilled jobs and strengthening local defense capabilities.
Lockheed Martin successfully intercepted a Group 3 one-way attack drone using a Joint-Air-to-Ground Missile (JAGM) launched from a GRIZZLY containerized launcher, integrated with Sanctum C-UAS battle management and Fortem R-40 Radars. This rapid inte...
The global weapons and ammunition market, valued at $59.16 billion in 2025, is projected to grow to $162.11 billion by 2035 at a CAGR of 10.92%. Growth is fueled by increased defense spending, military modernization, and geopolitical tensions worldwi...
The global small satellite market, valued at $7.05 billion in 2025, is projected to reach $32.71 billion by 2035, growing at a CAGR of 16.58%. Growth is fueled by massive investments in low Earth orbit (LEO) satellite constellations for broadband int...
