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Tag Archives: Joint Air-to-Surface Standoff Missile

McAleese & Associates: Fiscal 2020 Air Force Budget Request Includes $39B ‘Non-Blue’ Funding

A report by consulting firm McAleese & Associates says the total U.S. Air Force budget request for fiscal year 2020 is roughly $205B, including $166B in “blue” funds and another $39B in “non-blue” funds. The service’s proposed FY 2020 budget seeks $46.1B in research, development, test and evaluation funds associated …

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Lockheed Awarded $99M USAF Contract to Boost JASSM, LRASM Missile Production Rates

Lockheed Martin (NYSE: LMT) has received a potential $99.2M contract to purchase tools and equipment needed to maximize the production rate of Joint Air-to-Surface Standoff Missiles and Long Range Anti-Ship Missiles for the U.S. Air Force. Work will take place in Orlando, Fla., through Feb. 28, 2022, the Department of Defense said Wednesday. The Air Force …

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Lockheed Gets $350M Modification for JASSM Life Cycle Support

Lockheed Martin (NYSE: LMT) has landed a $350M modification to an existing production support indefinite-delivery/indefinite-quantity contract for the U.S. Air Force‘s Joint Air-to-Surface Standoff Missile. The company will provide logistics, integration, production, sustainment, system updates and management support for all JASSM variants including the Long Range Anti-Ship Missile and the JASSM-Extended …

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June 1 Market Close: GovCon Index, US Stocks Inch Upward on Economic Reports

The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested several reports to gauge the country’s economy ahead of Friday’s jobs report and Federal Reserve Chair Janet Yellen’s Monday speech. Lockheed Martin (NYSE: LMT) added $1.85 — or 0.78 percent — despite a downgrade …

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

Lockheed 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 …

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Lockheed Gets $302M Contract Modification for JASSM Support to Poland, Finland

Lockheed Martin (NYSE: LMT) will produce, update, sustain, manage and integrate the Joint Air-to-Surface Standoff Missile for Poland and Finland under a $302.2 million contract modification from the U.S. Air Force. The Defense Department said Thursday Lockheed will perform work in Alabama in support of the foreign military sale deal. The contract …

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Lockheed to Produce Additional Air-to-Surface Missiles for US Air Force; Jason Denney Comments

Lockheed Martin (NYSE: LMT) has received a $305, 457, 460 contract to build additional Joint Air-to-Surface Standoff Missiles for the U.S. Air Force. The company will also work to update, integrate, maintain and provide logistics support for JASSM and the extended range version, the Defense Department said Tuesday. Lockheed says …

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AF Orders Lockheed JASSM Hardware for Polish F-16 Fleet

TYSONS CORNER, VA September 15, 2015 — The U.S. Air Force has selected Lockheed Martin (NYSE: LMT) to build Joint Air-to-Surface Standoff Missile hardware and software in support of the Polish air force’s F-16 fleet, ExecutiveBiz reported Monday. Lockheed said the order, the third to come under a foreign military …

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Poland to Buy Lockheed Standoff Missiles for F-16 Fleet

The government of Poland has signed a contract to purchase Lockheed Martin‘s (NYSE: LMT) Joint Air-to-Surface Standoff Missiles, associated tools and training for the country’s F-16 aircraft fleet. Poland’s national defense ministry said Thursday the contract with the U.S. government includes tools to aid JASSM’s integration with the aircraft, pilot and ground …

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State Dept OKs Poland’s $500M Buy of Lockheed Missiles, F-16 Flight Plan Updates

Poland has asked to buy at least 40 Lockheed Martin (NYSE: LMT) Joint Air-to-Surface Standoff Missiles and F-16 operational flight plan support services from the U.S. under a potential $500 million foreign military sale approved by the State Department. The Defense Security Cooperation Agency said Friday that the company could also supply two live and two inert AGM-158A JASSMs with test …

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