Lockheed Martin Awarded $3.2 Billion USAF Missile Contract
"...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 covers procurement of JASSM Lot 22 and Foreign Military Sales orders for Japan, the Netherlands, Finland, and Poland. Fiscal 2024 (Air Force) missile procurement funds in the amount of $1.5 billion; fiscal 2024 (Navy) weapon procurement funds in the amount of $176.3 million..."
Reference: forecastinternational.com .