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Lockheed Martin Wins $305 Million Air Force Contract For JASSM/JASSM-ER

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Lockheed Martin Wins $305 Million Air Force Contract For JASSM/JASSM-ER
A B-1 releasing a JASSM. Photo: Lockheed Martin.

The U.S. Air Force awarded Lockheed Martin [LMT] a $305.4 million contract for the continued roduction of the Joint Air-to-Surface Standoff Missile (JASSM) and the Extended Ranger (ER) version, the company said Thursday.This contract is for Lot 13 production and includes 140 baseline JASSMSs, data, tooling, and test equipment  for U.S. and international partners. This production lot is the largest JASSM-ER order thus far and brings the total missiles under contract to over 2,300, Lockheed Martin said.Both JASSM and JASSM-ER…

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