F-22Raptor
Elite Member
Production ramp and pipeline
Production is stepping up across the portfolio. Chief Operating Officer Frank St. John said output of PAC-3 MSE has been around 80 missiles a month in recent months, putting the line near 1,000 a year and targeting 2,000 annually. THAAD output rose 50% from last year and is projected to climb another 50% next year. "We are already climbing the hill there," he said.Chief Financial Officer Evan Scott said, "Our investments across the portfolio are now translating into capability, production and deliveries." He added, "What matters to us now is turning that technology and strong demand into increased output and sustained financial performance, and you're seeing that this quarter." Scott said the company anticipates signing contracts next year to speed production for the Precision Strike Missile (PrSM) and the Joint Advanced Tactical Missile (JATM). He also cited new collaborations that are speeding timelines, including with GM Defense, where a first housing component was turned around 22 days after the deal was signed.
