Executives of two global defense companies that build missiles in north Alabama reported strong growth Tuesday as they position themselves for a share of billions in expected Golden Dome procurement.

Lockheed Martin Corp. reported second-quarter sales of $18.2 billion on Tuesday, essentially level with same-quarter results from 2024. The company’s missiles and fire control segment posted $479 million in adjusted operating profit.

“We’re investing in emerging technologies, and as a proven mission integrator, we remain well positioned to support critical programs like the Golden Dome for America,” President and CEO Jim Taiclet said.

Similarly, RTX Corp. Chairman and CEO Chris Calio described the company’s prospect of contributing to Golden Dome procurement as “super strong” in that company’s second-quarter earnings call Tuesday.

“We think Golden Dome in particular is really well-aligned with our core capabilities and product portfolio [of] battle-tested and proven systems at each layer,” he said, including the Standard Missile variants that the company integrates at its expanding Redstone facility.

The company reported second-quarter sales of $21.6 billion, up 9% from the previous year. RTX’s Raytheon business recorded an adjusted operating profit of $809 million – a 14% boost compared with 2024’s second quarter – primarily on land- and air-defense systems like international Patriot sales.

Golden Dome is the name assigned to President Donald Trump’s call to bolster U.S. homeland defenses against ballistic and hypersonic missile attacks. Hypersonic weapons travel many times the speed of sound and are considered an emerging threat, with China and Russia making significant investments in the technology.

An initial $25 billion for Golden Dome has been approved by Congress, though there are no details yet on what programs would be funded. The president has said the project would cost up to $175 billion and be in place by the end of his term. Both claims have come under questioning.

Lockheed Martin’s Taiclet noted the recent ballistic missile launches by Iran on Israel following the latter’s attacks on Tehran’s nuclear infrastructure demonstrated the effectiveness of its multiple systems.

The company’s Terminal High Altitude Air Defense (THAAD) and Aegis are fielded by U.S. allies and staged at bases throughout the region, along with Raytheon’s Patriot batteries. The latter fire PAC-3 missiles built by Lockheed Martin that include seekers made by the Boeing Co. and integrated at Redstone Arsenal.

Israel says about 86% of Iranian ballistic missiles were intercepted by U.S. or Israeli defense systems.

“These are the exact solutions needed [for] Golden Dome for America,” Taiclet said. “In addition to THAAD, PAC-3 and Aegis performing in combat, we also demonstrated our readiness in the missile-warning and command and control technologies needed to make Golden Dome homeland defense system a reality.”

Lockheed Martin predicts “significant” increase in munitions spending in the coming years. It also remains bullish on a troubled hypersonic missile that’s made in Alabama.

In Fiscal Year 2026, the U.S. Navy plans to buy its first PAC-3 missiles following a successful flight test last year. The U.S. Army will quadruple its acquisition goal of PAC-3 missiles, to 13,773.

The U.S. Air Force’s budget request includes nearly $400 million to move the Air-launched Rapid Response Weapon (ARRW) into initial production. The air-launched hypersonic weapon, which is assembled in Courtland, faced numerous setbacks during its development phase, including a failed 2023 flight test.

“We have full confidence in the maturity and production-readiness of ARRW’s hypersonic strike capabilities, and we look forward to continuing our partnership with the U.S. Air Force to transition the program into production,” Taiclet said.