Lockheed Martin will invest $420 million in interceptor production as stocks run low Lockheed Martin will increase production capacity for the PAC-3, Terminal High Altitude Area Defense (THAAD), and Precision Strike Missile (PrSM) platforms, increasing the importance of Camdens and the state as a global defense industrial base, the company's press release said. This comes as the US phased out most of its interceptors during the Iran war, with inventories down to just 25% of the volume deemed necessary by the Department of Defense. substack | talk.