Lockheed Martin Nabs $413M Air Force Contract for Lot 15 JASSM-ER Missiles

Lockheed Martin (NYSE: LMT) has received a $413.8 million contract from the U.S. Air Force to deliver 360 Lot 15 units of the company’s extended-range air-to-surface missile.

The Defense Department said Thursday the contractor will produce the Joint Air-to-Surface Standoff Missile-Extended Range systems as well as provide tooling and test equipment.

Jason Denney, program director of long-range strike systems at Lockheed’s missiles and fire control business unit, said in a release that the company has worked to boost the capacity of the JASSM-ER missiles for the U.S. and its allies.

The 2,000-pound JASSM-ER cruise missiles feature a blast-fragmentation warhead along with infrared seeker and digital anti-jamming technologies.

DoD noted that the Air Force Life Cycle Management Center will obligate the full amount from fiscal 2017 Air Force missile procurement funds.

Lockheed will perform work in Orlando, Florida, through Aug. 31, 2020.

You may also be interested in...


Ben Wenger Named Dedrone Chief Revenue Officer, Mary-Lou Smulders Appointed Chief Marketing Officer

Dedrone has named Ben Wenger, a two-decade enterprise technology sales veteran, as chief revenue officer and appointed Mary-Lou Smulders, strategic adviser at the counter-drone platform maker since February 2020, as chief marketing officer.

D.J. Dart VP

SAIC Promotes DJ Dart as DHS Enterprise VP

D.J. Dart, formerly business development executive for the Department of Homeland Security at Science Applications International Corp. (NYSE: SAIC), has elevated to the role of vice president for DHS enterprise. He joined SAIC through its acquisition of the Unisys Federal business in March 2020.