Lockheed Martin bags $3.2 billion US Air Force contract for JASSM …

Oct 1, 2024 · The US Air Force had awarded Lockheed Martin with a US$3.2 billion sole-source contract to produce joint air-to-surface standoff missiles and long-range anti-ship missiles ().The contract focused on Lot 22 JASSM and LRASM and Foreign Military Sales (FMS) missiles for Japan, the Netherlands, Finland and Poland.

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Lockheed Martin Bags $3.2 Billion US Air Force Contract For JASSM …

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shephardmedia.com

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Lockheed Martin Awarded $3.2 Billion USAF Missile Contract

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Oct 4, 2024 · Airmen prepare to load a Joint Air-to-Surface Standoff Missiles on a B-52H Stratofortress. The U.S. Air Force recently awarded Lockheed Martin a sole-source $3.2 billion firm-fixed-price, undefinitized contract for procurement of AGM-158B Joint Air-to-Surface Standoff (JASSM) missiles and AGM-158C Long-Range Anti-Ship Missiles (LRASM). The contract …

forecastinternational.com

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Lockheed Martin Secures $3.2B Contract For Advanced JASSM And …

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Oct 1, 2024 · In conclusion, Lockheed Martin's $3.2-billion contract for JASSM and LRASM production underscores the importance of long-range, precision-guided missile systems in modern warfare. As global threats evolve, these advanced weapons will provide the U.S. and its allies with the ability to strike quickly, decisively, and from a safe distance ...

thedefensenews.com

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Lockheed Awarded $3.2B Air Force Contract To Supply Air-to …

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Sep 30, 2024 · The U.S. Air Force has awarded Lockheed Martin ‘s (NYSE: LMT) missiles and fire control business a $3.23 billion sole-source contract for the production of joint air-to-surface standoff missiles ...

govconwire.com

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Lockheed Martin Secures A $3.2 Billion Contract For JASSM

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Lockheed Martin Corporation LMT recently secured a contract valued at $3.23 billion for the procurement of Joint Air-to-Surface Standoff Missiles ("JASSM") and Long-Range Anti-Ship Missiles ("LRASM").

msn.com

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Air Force Moves Ahead With $3.2 Billion Multiyear Award For …

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Oct 2, 2024 · The Pentagon last week awarded Lockheed Martin a $3.2 billion multiyear procurement contract to boost production of its Joint Air-to-Surface Standoff Missiles and Long-Range Anti-Ship Missiles through July ... undefinitized contract includes nearly $1.5 billion in fiscal year 2024 procurement funds from the Air Force and $176.2 million from the ...

insidedefense.com

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USAF Awards Lockheed Martin $3.2 Billion For JASSM/LRASM

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Sep 27, 2024 · Lockheed Martin is receiving a firm fixed price contract worth up to $3.2 billion for a "large lot" buy of the company's AGM-158 Joint Air-to-Surface ... USAF Awards Lockheed Martin $3.2 Billion for JASSM/LRASM. ... onto a B-52H Stratofortress during the 2024 annual weapons load competition at Minot AFB, N.D. on Jan. 19 (U.S. Air Force Photo ...

defensedaily.com

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US Air Force Signs A $3.2 Billion Contract For Lockheed Martin's …

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Oct 1, 2024 · The missiles will be manufactured at Lockheed Martin's facilities in Orlando, Florida, with the work expected to be completed by the end of July 2032. The US Air Force will provide $1.5 billion for missile production, along with an additional $2 million for operations and maintenance, while the US Navy will contribute $176 million.

armyrecognition.com

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U.S. Air Force Contracts Lockheed Martin For AGM-158B JASSM …

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Oct 9, 2024 · The U.S. Air Force Life-Cycle Management Center awarded Lockheed Martin two contracts on Sept. 27, 2024, collectively worth $3.5 billion, for the production of the AGM-158B JASSM (Joint Air-to ...

theaviationist.com

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Lockheed Martin Secures A $3.2 Billion Contract For JASSM & LRASM

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Oct 1, 2024 · Lockheed Martin Corporation (LMT Quick Quote LMT - Free Report) recently secured a contract valued at $3.23 billion for the procurement of Joint Air-to-Surface Standoff Missiles ("JASSM") and Long ...

zacks.com

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USAF Orders Ramp Up Of JASSM, LRASM Air-Launched Missiles …

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Aug 20, 2024 · Lockheed Martin has been awarded a $130-million contract modification to ramp up the production of Joint Air-to-Surface Standoff Missiles (JASSM) and Long-Range Anti-Ship Missiles (LRASM).. Tooling and test equipment will be procured for the US Air Force contract, required for production increase. Work will be performed in Orlando, Florida, and is expected …

thedefensepost.com

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Lockheed Gets $3.5B For Missiles, Eyes ‘Extreme Range’ JASSM

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Sep 30, 2024 · Lockheed Martin received two Air Force contracts on Sept. 27, together worth $3.56 billion, for production of the AGM-58B Joint Air-to-Surface Standoff Missile and the AGM-158C Long-Range Anti-Ship Missile, the Pentagon announced. The contracts include missiles for the Air Force, Navy, and partner nations under the Foreign Military Sales program.

airandspaceforces.com

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Lockheed (LMT) Secures Air Force Contract To Support JASSM

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May 22, 2023 · The award has been offered by the Air Force Life Cycle Management Center, Eglin Air Force Base, FL. Details of the Deal. Valued at $29.2 million, the contract is expected to be completed by Jan 31 ...

nasdaq.com

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Navy Awards $3.5B Contract To Northrop Grumman To Develop …

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Jan 7, 2025 · Under the contract, Northrop Grumman of Melbourne, Florida, will serve as the prime contractor to integrate TACAMO mission systems, including the Collins Aerospace Very Low Frequency system, into government-furnished C-130J-30 air vehicles built by Lockheed Martin Corp. The contract is for three Engineering Development Models (EDMs) and options ...

navy.mil

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US Air Force Signs A $3.2 Billion Contract For Lockheed Martin's …

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Oct 1, 2024 · US Air Force Signs a $3.2 Billion Contract for Lockheed Martin's JASSM and LRASM Missiles ... United States; Oceania. Australia; Military Equipment Database. Army. Air Defense Systems. Air Defense Vehicles; Man-Portable Air Defense Systems; Self-propelled anti-aircraft guns; Anti-tank systems and vehicles. Anti-tank guided missiles;

armyrecognition.com

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Lockheed Secures Contract For F-35 Joint Strike Fighter Jet Program

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5 days ago · The award has been provided by the Naval Air Systems Command, Patuxent River, MD. Details of the Lockheed Martin Deal. Valued at $678.4 million, the contract is expected to be completed by ...

yahoo.com

FAQs about Lockheed Martin bags $3.2 billion US Air Force contract for JASSM … Coupon?

How much did Lockheed Martin pay for a missile contract?

Lockheed Martin Missiles and Fire Control, Orlando, Florida, was awarded a $3,230,277,154 firm-fixed-price, undefinitized contract action for a joint air-to-surface standoff missile and long-range anti-ship missile large lot procurement. This contract provides for the procurement of JASSM Lot 22 and Foreign Military Sales (FMS) missiles. ...

Did Lockheed Martin get a contract with the Air Force?

Lockheed Martin received two Air Force contracts on Sept. 27, together worth $3.56 billion, for production of the AGM-58B Joint Air-to-Surface Standoff Missile and the AGM-158C Long-Range Anti-Ship Missile, the Pentagon announced. The contracts include missiles for the Air Force, Navy, and partner nations under the Foreign Military Sales program. ...

How much did Lockheed Martin pay for the AGM-158B JSM & LRASM?

The U.S. Air Force Life-Cycle Management Center awarded Lockheed Martin two contracts on Sept. 27, 2024, collectively worth $3.5 billion, for the production of the AGM-158B JASSM (Joint Air-to-Surface Standoff Missile) and the AGM-158C LRASM (Long-Range Anti-Ship Missile), both for its own use and for Allied partner nations. ...

Who makes Lockheed Martin Missiles?

The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) missiles and fire control business a $3.23 billion sole-source contract for the production of joint air-to-surface standoff missiles and long-range anti-ship missiles. ...

Why did Lockheed Martin get a contract for LRASM & JASSM?

Lockheed Martin received a contract award for LRASM and JASSM to increase production in support of critical weapons capacity for the US and allies. ...

Where is Lockheed Martin supplying air-to-surface standoff missiles?

A B-1B Lancer carrying an AGM-158 Joint Air-to-Surface Standoff Missile. (Photo: US Air Force / Wikimedia Commons) Lockheed Martin will supply the missile systems to the militaries of Japan, Finland, Poland and the Netherlands, with work carried out at Lockheed Martin’s facilities in Orlando until mid-2032. ...