GM and Lockheed join forces to turbocharge U.S. munition production

GM and Lockheed Martin have formed framework agreements—at the Pentagon’s request—to dramatically accelerate U.S. munition production, including nearly tripling Patriot interceptor output and quadrupling Thaad and Precision Strike Missile production over the next seven years, by leveraging GM’s high-rate manufacturing and digital tools; the partners have not announced specific projects and will invest billions in capital and R&D to bolster the defense industrial base and supply chains.