DODOtherDefense & SecuritySeptember 27, 2024

LONG RANGE ANTI-SHIP MISSILE/JOINT AIR-TO-SURFACE STANDOFF MISSILE LARGE LOT PROCUREMENT

$5,685,763,042

AI Summary

This $5.7 billion contract with Lockheed Martin funds a large lot procurement of Long Range Anti-Ship Missiles (LRASM) and Joint Air-to-Surface Standoff Missiles (JASSM). These advanced cruise missiles give U.S. forces the ability to strike targets from long distances while staying outside enemy air defenses.

Key Points

  1. 01Funds production of LRASM and JASSM cruise missiles
  2. 02Awarded to Lockheed Martin Corporation in Florida
  3. 03LRASM targets enemy ships from long range
  4. 04JASSM is a precision strike standoff weapon
  5. 05Contract runs from 2024 through 2031

Award Details

Start Date

Sep 27, 2024

End Date

Jul 31, 2031

Category

Defense & Security

State

FL

Award Type

Other

Quick Summary

Amount
$5.7B
Agency
Department of Defense
Recipient
LOCKHEED MARTIN CORPORATION
Type
Other

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