Home / Contract Awards / Lockheed Martin to Upgrade, Maintain Air Force Air-to-Surface Missiles for $117M

Lockheed Martin to Upgrade, Maintain Air Force Air-to-Surface Missiles for $117M

JASSM Joint Air-to-Surface Standoff MissileLockheed Martin (NYSE: LMT) has received a $116.82 million contract modification to upgrade, integrate and sustain the U.S. Air Force’s Joint Air-to-Surface Standoff Missiles.

The modification exercises the option on a previously awarded contract for production, system upgrade, maintenance, management and logistical work in support of the JASSM program, the Defense Department said Friday.

Lockheed Martin will perform work in Troy, Alabama, through June 29, 2019.

The company was awarded the contract to build additional air-to-surface missiles for the Air Force in October 2015.

It also received a contract modification in December to provide JASSM support to Poland and Finland.

Check Also

UTC Gets $2B Contract Modification for Air Force Repairables

United Technologies Corp. (NYSE: UTX) has received a five-year, $2.46B modification to an existing contract …

Steven Anderson Named SOSi Logistics Services VP

Steven Anderson, a retired U.S. Army brigadier general and former chief growth officer of Sallyport Global, …