Lockheed Awarded $3.2B JASSM, LRASM Missile Contract for US Allies

October 1, 2024

The Defense Post

Lockheed Martin has received a $3.2-billion contract to produce Joint Air-to-Surface Standoff Missiles (JASSM) and Long-Range Anti-Ship Missiles (LRASM) for US allies.

Announced on Friday, the substantial procurement under Lot 22 includes supplies for NATO members Finland, Poland, and the Netherlands, as well as Asian ally Japan.

Work for the contract will take place at the company’s facility in Florida, with completion scheduled for 2032.

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