Lockheed Martin Secures $3.2B Contract to Boost JASSM and LRASM Production for U.S. Military

Reuters
08/05
<a href="https://laohu8.com/S/LMT">Lockheed</a> Martin Secures $3.2B Contract to Boost JASSM and LRASM Production for U.S. Military

Lockheed Martin Corporation has announced a significant new contract aimed at boosting production capacity for key missile systems. The company has received a $3.2 billion Undefinitized Contract Action from the U.S. Air Force and U.S. Navy to increase production of the Joint Air-to-Surface Standoff Missile (JASSM) and the Long Range Anti-Ship Missile (LRASM). Additionally, the U.S. Government has awarded a Facilitization Phase III contract to further enhance these capabilities. This investment underscores Lockheed Martin's commitment to scaling its manufacturing operations to meet growing global defense demands, ensuring that the U.S. and its allies maintain a robust deterrence capability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lockheed Martin Corporation published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein.

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