Gold prices buoyed by tariff fears; US duties on 1-kilo bars spur supply concerns
Investing.com -- U.S. defense contractor Lockheed Martin (NYSE:LMT) announced on Tuesday that it has successfully completed the first flight test integrating a long-range anti-ship missile (LRASM) weapon system onto the F-35B Lightning II stealth fighter jet.
This upgrade allows the F-35 fighter jet to carry Lockheed’s AGM-158 strike systems, which include the Joint Air-to-Surface Standoff Missile (JASSM) and the Long Range Anti-Ship Missile (LRASM). The integration of these advanced weapons systems is expected to increase the reach and lethality of the jet against heavily protected, strategic targets.
Jon Hill, vice president of Air Dominance and Strike Weapons at Lockheed Martin Missiles and Fire Control, confirmed the successful integration of the AGM-158 strike systems family.
The test was conducted in partnership with the F-35 Pax River Integrated Test Force, marking the first flight of the F-35B with advanced weapons.
The F-35 program is a significant part of Lockheed Martin’s business, contributing about 30% of the company’s total revenue.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.