Lockheed Wins a $123M Contract to Aid JASSM & LRASM Missile Program

Lockheed Martin Corporation (LMT) recently secured a contract valued at $122.6 million for the procurement of tooling and test equipment needed to increase production quantities of Joint Air-to-Surface Standoff Missile (JASSM) and Long-Range Anti-Ship Missile (LRASM) programs. The award has been provided by the Air Force Life Cycle Management Center, Eglin Air Force Base, FL.The work related to this deal will be carried out in Orlando, FL, and is projected to be completed by July 14, 2028.Significance of LM ...