Air Force Orders $319M in Additional JASSM-ER Missiles, Containers

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) two firm-fixed-price contracts worth $842.7 million combined to build more anti-ship and air-to-surface missile systems. Lockheed will produce 137 Long Range Anti-Ship Missiles for the program’s fourth and fifth production lots under a $414.3 million award that also involves foreign military sales, the Department of Defense

Lockheed Martin (NYSE: LMT) has received a $100.6M contract modification from the U.S. Air Force to design, develop, integrate and test subsystem design changes for the extended range variant of the Joint Air-to-Surface Standoff Missile system. The project will center on the JASSM-ER wings and chines and work under the modification is scheduled to conclude on

Lockheed Martin (NYSE: LMT) has received a $413.8 million contract from the U.S. Air Force to deliver 360 Lot 15 units of the company’s extended-range air-to-surface missile. The Defense Department said Thursday the contractor will produce the Joint Air-to-Surface Standoff Missile-Extended Range systems as well as provide tooling and test equipment. Jason Denney, program director of long-range strike systems