Aerospace Group:

Air Force

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

Thursday, October 15th, 2015

SHARE:

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…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]