Lockheed Martin stock: GMLRS output reaches 100,000-rocket milestone

Lockheed Martin announced on November 10 that it had delivered its 100,000th Guided Multiple Launch Rocket System rocket and was producing nearly 14,000 rockets a year. The company said the annual rate was reached ahead of schedule as demand for the precision weapon grows among the U.S. Army and allied forces.

The milestone was reported by Lockheed Martin during a ceremony at the company's Camden, Arkansas, facility. GMLRS rockets are launched from M270 and HIMARS systems and are used by the United States and partner nations.

Supply chain expands alongside output

Lockheed Martin and General Dynamics Ordnance and Tactical Systems have completed the first test of a new solid rocket motor for GMLRS. Further testing is planned, with qualification targeted for 2027. If successful, the program would add a third domestic source for a key component.

The announcement also provides a broader view of the industrial base behind the program. More than 200 suppliers in 35 states support GMLRS, including more than 50 designated small businesses. More than 200 employees work on GMLRS production in Camden, while the site plans to hire 50 percent more employees across GMLRS, PAC-3 MSE and Precision Strike Missile programs.

What investors should watch next

The next operational milestone is the planned qualification work for the General Dynamics motor. Investors will also track whether the higher production pace converts into additional orders and sustained delivery growth. The first motor test marks progress, but qualification remains the next step before the component can support regular production.

Lockheed Martin stock traded at 541.10 euros on Lang & Schwarz at 16:07 CET on Friday, November 13, 2026.

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