© Reuters. Javeline anti-tank missiles are displayed on the assembly line as U.S. President Joe Biden tours a Lockheed Martin weapons factory in Troy, Alabama, U.S. May 3, 2022. REUTERS/Jonathan Ernst/File Photo
WASHINGTON (Reuters) – Lockheed Martin Corp (NYSE:) Chief Executive Officer James Taiclet on Sunday said the firm is looking to nearly double its production capacity of Javelin missiles, an antitank weapon that has been successful in Ukraine.
The aim is to boost output to 4,000 per year from 2,100 per year currently, Taiclet said in an interview with CBS News. The increase will take as long as a couple of years, he said.
The Javelin is made jointly by Lockheed and Raytheon Technologies (NYSE:).
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