United States, Oct. 13 -- Lockheed Martin and Avio announced a strategic cooperation agreement for the production of solid rocket motors (SRMs). This collaboration will accelerate and expand the SRM industrial base with key manufacturing capabilities, bringing resiliency to a vital U.S. supply chain.THE BIG PICTUREAfter qualification, initial work will focus on the production of solid rocket motors for the Extended Range GMLRS(R) (ER GMLRS) and the Precision Strike Missile (PrSM). SRM production for these essential programs will be performed at Avio USA's new state-of-the-art facility in Hurt, Virgina, drawing on the longstanding solid propulsion expertise of its parent company, Avio S.p.A. (EXM: AVIO).WHY IT MATTERSSRM supply chain resilie...