Lockheed Martin to invest $300 million in Texas plant, add 6,000 jobs and new machining capacity
Lockheed Martin announced a $300 million expansion of its Grand Prairie, Texas facility that will create 6,000 jobs nationwide, including 2,000 in Texas. The project adds 100,000 sq ft of new space and a 24‑machine automated machining cell from partner Hadrian, slated to start operating in early 2027. The upgrade supports missile programs such as PAC‑3 MSE, THAAD, PrSM and JATM and is part of an $8‑9 billion investment plan through 2030.
Why it matters
The expansion increases domestic munitions production capacity, which should raise demand for Lockheed Martin’s defense suppliers and could improve the company’s ability to meet warfighter needs on faster timelines. The large job creation may also bolster the local labor market and strengthen the industrial base, a point highlighted by the Under Secretary of War.
Key facts
- 1Lockheed Martin will invest $300 million in the Grand Prairie expansion. news.lockheedmartin.com
- 2The expansion will create a total of 6,000 jobs across the United States, with 2,000 located in Texas. news.lockheedmartin.com
- 3The facility will grow to more than 735,000 sq ft, adding 100,000 sq ft of new space and converting 85,000 sq ft of office area for advanced manufacturing. news.lockheedmartin.com
- 4Hadrian will install a 24‑machine automated machining cell that is expected to be operational in early 2027. news.lockheedmartin.com
- 5Lockheed Martin said it will have installed close to 100 additional advanced machines at the site by late 2026. investing.com
- 6The Grand Prairie plant currently employs nearly 800 production workers and produced 250,000 parts in 2025. investing.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.