Missiles and Fire Control

What Missiles and Fire Control does

Missiles and Fire Control (MFC) is one of four business areas of Lockheed Martin Corporation (NYSE: LMT), a publicly traded U.S. defense prime contractor headquartered in the parent company's Maryland domicile. MFC designs, develops, manufactures, and supports precision engagement aerospace and defense systems, with a portfolio spanning five core product categories: Sensors, Weapon Systems, Integrated Air and Missile Defense (IAMD, including THAAD and Patriot/PAC-3 MSE), Air Superiority, and Hypersonics (including the Precision Strike Missile), supported by a "21st Century Security" networked solutions line for joint all-domain operations. The underlying technology base covers electro-optic and smart munitions, high-performance missiles, missile defense interceptors, advanced sensors, threat detection, rocket technology, and a 9 MeV high-energy CT scanning capability for non-destructive testing.

MFC serves U.S. military branches (Army, Navy, Air Force, Marine Corps), NASA, and dozens of foreign allied militaries across more than 50 countries. Customer delivery is conducted through direct U.S. Department of Defense procurement and the U.S. government's Foreign Military Sales (FMS) program, exemplified by HIMARS launcher deliveries to Poland and PAC-3 MSE integration testing from German-modified Patriot launchers. Manufacturing and engineering operations span four major U.S. facilities — Troy (HIMARS production), Santa Barbara Focalplane (electro-optic sensors), Bethpage (precision engagement manufacturing), and Orlando (advanced technology development) — supported by a supply chain of approximately 9,100 suppliers including 2,700 small businesses.

MFC generates revenue primarily through hardware sales of defense systems, with additional professional services revenue from sustainment, training, and product support over multi-decade program lifecycles. Secondary revenue streams include products and services for the global civil nuclear power industry and U.S. military green power initiatives. Pricing is conducted through classified government procurement (competitive bidding or sole-source) and is not publicly disclosed. MFC holds no separate stock listing and does not disclose standalone financials; revenue is consolidated within Lockheed Martin Corporation's SEC filings.

Name

Missiles and Fire Control

Legal name

Lockheed Martin Corporation

Website

https://missilesandfirecontrol.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Missiles and Fire Control is a business area of Lockheed Martin Corporation that designs, manufactures, and supports precision engagement defense systems — including HIMARS, PAC-3 MSE, THAAD, hypersonics, and electro-optic sensors — for the U.S. military, NASA, and allied governments across 50+ countries via DoD procurement and Foreign Military Sales.

Ownership category

akta.pro rank

Product category

Defense Systems

NAICS

Guided Missile and Space Vehicle Manufacturing (336414), Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing (336415), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Guided Missiles & Space Vehicles & Parts (3760), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480)

akta.pro primary industry

Precision Strike & Fire Control Systems (IMABAOAE)

akta.pro secondary industries

Integrated Air & Missile Defense (IAMD) Systems (IMABAOAD), Naval Weapons & Launch Systems (Guns, VLS, Torpedoes) (IMABAKAC), Guidance, Navigation & Control (GNC) Electronics for Weapons (IMABAGAH), Naval C4ISR, Communications & Electronic Warfare (IMABAKAE)

Keywords

• Missile defense systems
• Precision guided weapons
• Rocket artillery systems
• Hypersonic weapons technology
• Electro-optic sensors

Headquarters

HQ city

Troy

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Infrastructure

Revenue model

1. Defense Systems Sales: Design, development, manufacture, and sale of precision engagement aerospace and defense systems including missiles, weapon systems, sensors, and missile defense to U.S. and allied militaries
2. Sustainment and Support Services: Product support, maintenance, training, and sustainment services for delivered military systems
3. Civil Nuclear Power Industry Products and Services: Products and services for the global civil nuclear power industry
4. Military Green Power Initiatives: Products and services supporting military green power initiatives

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Missiles and Fire Control (MFC) is a business area of Lockheed Martin that designs, develops, manufactures, and supports advanced combat, missile, rocket, manned and unmanned systems for military customers. The company produces precision engagement aerospace and defense systems including electro-optic and smart munitions, high-performance missiles, missile defense systems, advanced sensors, threat detection, and rocket technology. Major products include the HIMARS (High Mobility Artillery Rocket System), PAC-3 MSE interceptors, THAAD missile defense, and hypersonic weapons such as the Precision Strike Missile (PrSM). MFC also offers sustainment, training, and support services for delivered military systems and serves the global civil nuclear power industry and military green power initiatives.

Product overview

Lockheed Martin Missiles and Fire Control (MFC) is a defense contractor offering a portfolio of precision engagement aerospace and defense systems. MFC develops and produces electro-optic and smart munitions systems, high-performance missiles, missile defense, advanced sensors, threat detection, and rocket technology. The portfolio includes five principal product categories: Sensors, Weapon Systems, IAMD (Integrated Air and Missile Defense), Air Superiority, Hypersonics, and 21st Century Security networked solutions. Key products include HIMARS rocket artillery systems, PAC-3 MSE interceptors, THAAD missile defense, and Santa Barbara Focalplane advanced sensor technology. MFC serves military customers including the U.S. Army, Navy, Air Force, Marine Corps, NASA, and allied militaries in over 50 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• HIMARS (High Mobility Artillery Rocket System) Mobile rocket artillery system providing precision strike capabilities for U.S. military and allied forces globally, manufactured at the Troy, Alabama facility. Customers include the U.S. Army and foreign allies such as Poland via the U.S. Army Foreign Military Sales (FMS) program.
• PAC-3 MSE (Patriot Advanced Capability-3 Missile Segment Enhancement) Interceptors for Patriot air defense systems providing protection against tactical ballistic missiles, cruise missiles, and aircraft. Deployed with the U.S. Army and allied missile defense forces including the German Air Force which conducted a successful flight test from a German-modified M903 Patriot launcher in May 2023.
• Sustainment and Support Services Product support, maintenance, training, and sustainment services for delivered military systems to U.S. military branches, allied foreign militaries, and other defense customers.

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered major, core and minor.

• Poland (via U.S. Army FMS)majorStrategic or Co-development Partner · 15 May 2023Lockheed Martin, through the U.S. Army foreign military sales program, successfully delivered initial shipment of HIMARS launchers to Poland, supporting Poland's defense modernization and NATO alliance commitments
• Germany (German Air Force)majorStrategic or Co-development Partner · 11 May 2023German Air Force conducted successful flight test launching Lockheed Martin's PAC-3 MSE interceptor from a German-modified M903 Patriot launcher, proving compatibility between systems
• U.S. ArmycoreStrategic or Co-development PartnerPrimary customer and development partner for joint all-domain operations, HIMARS, missile defense, and Army modernization programs. Teaming on network of advanced systems across all domains for contested environments
• TC EnergyminorStrategic or Co-development PartnerPartnership to advance Alberta sustainability and decarbonization efforts in support of military green power initiatives and civil nuclear power industry applications

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Raytheon (RTX): RTX's Raytheon Missiles & Defense division directly competes with MFC on PAC-3 MSE (co-produced), SM-3, SM-6, Tomahawk, and integrated air defense systems, serving the same U.S. military branches and allied nations. The most direct head-to-head competitor in missile defense and precision strike.
• Northrop Grumman: Northrop Grumman competes with MFC in missiles and munitions (e.g., GBSD/Sentinel, interceptors), and is a major weapons prime serving the same U.S. military customers with overlapping capabilities in strike, missile defense, and battle management.
• Boeing Defense, Space & Security: Boeing competes with MFC on guided weapons (e.g., JDAM, SDB, Harpoon) and missile-defense integration, and along with MFC is one of the four-decade legacy U.S. defense primes supplying precision engagement systems to the DoD and allies.
• MBDA: MBDA is the leading European missile consortium (Airbus, BAE, Leonardo) and the most direct non-U.S. competitor to MFC in air defense, anti-ship, and strike missiles. It competes for FMS opportunities and allied procurement campaigns.

Emerging players

• Kongsberg Defence & Aerospace: Kongsberg competes with MFC in naval strike missiles and precision-guided munitions, particularly relevant given MFC's Norway FMS presence and overlapping allied European customer base.
• Rafael Advanced Defense Systems: Rafael is an Israeli peer competing in missile defense (Iron Dome, David's Sling) and precision weapons, with growing FMS share that overlaps with MFC's PAC-3 and HIMARS-related opportunities in select allied markets.

Broad incumbents

• L3Harris Technologies: L3Harris competes with MFC on advanced sensors, fire control electronics, and integrated mission systems across military services. Its 2023 acquisition of Aerojet Rocketdyne adds propulsion overlap with MFC's missile and rocket programs.
• General Dynamics: General Dynamics is a broad defense prime with overlap on combat systems, munitions, and missile-related electronics. While less concentrated in precision missiles than MFC, it competes in adjacent weapons and C4ISR categories.
• BAE Systems: BAE Systems is a global defense prime with significant overlap in guided weapons, precision munitions, and missile-related electronics, particularly in the U.S. and U.K. markets where MFC sells through FMS.

Regional players

• Hanwha Defense: Hanwha is an emerging global defense systems integrator with overlap in rocket artillery (K9 Thunder derivatives) and missile capability, competing for allied precision strike opportunities in Indo-Pacific and select Middle East markets where MFC also pursues FMS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Missiles and Fire Control