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Investing.com -- Lockheed Martin Corp (NYSE:LMT). has been awarded a $999 million contract for production support of Joint Air to Surface Standoff Missile (JASSM) and Long-Range Anti-Ship Missile (LRASM) systems.
The indefinite-delivery/indefinite-quantity contract covers lifecycle support for all efforts related to JASSM, LRASM (Air Force Inventory) and all their variants. The scope includes system upgrades, integration, production, sustainment, management and logistical support.
Work will be performed at Lockheed Martin’s Orlando, Florida facility and is expected to be completed by July 17, 2030.
The contract was awarded as a sole source acquisition by the Air Force Life Cycle Management Center at Eglin Air Force Base, Florida. No funds are being obligated at the time of the award.
The contract number assigned to this agreement is FA8682‐25-D-B001.
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