Lockheed Martin’s chief executive said Tuesday the U.S. and its allies are “changing gears” toward increased defense spending that will boost the company’s future sales ― but it will take time.
Lockheed Martin aims to nearly double production for Javelin anti-tank missiles from 2,100 to 4,000 per year, but it needs the supply chain to “crank up,” said its chief executive, Jim Taiclet.