:

Air Force

USAF Awards $1.2 Billion to Lockheed Martin for JASSM and LRASM

Frank Wolfe

Friday, May 19th, 2023

SHARE:

USAF Awards $1.2 Billion to Lockheed Martin for JASSM and LRASM

Airmen with the Air National Guard Air Force Reserve Command Test Center (AATC) load a Joint Air-to-Surface Standoff Missile (JASSM) on a pre-block F-16 for a test launch. Air National Guard and Air Force Reserve units fly pre-block F-16s (U.S. Air Force Photo)

The U.S. Air Force has awarded Lockheed Martin [LMT] nearly $1.2 billion in contracts for the AGM-158B Joint Air-to-Surface Standoff Missile (JASSM) and the AGM-158C Long-Range Anti-Ship Missile. Lockheed Martin on May 18 received a more than $750 million contract for Lot 21 JASSM for the B-2 stealth bomber and more than $443 million for Lot 7 of LRASM. In Troy, Ala., Lockheed Martin has an older 125,000 square foot factory and a new 225,000 square foot one to conduct…

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]