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Army

Army Awards Lockheed, Raytheon New Javelin Production Deal Worth Up To $7.2 Billion

By Matthew Beinart

Thursday, May 4th, 2023

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Army Awards Lockheed, Raytheon New Javelin Production Deal Worth Up To $7.2 Billion

A Javelin missile is fired

The Army has awarded Lockheed Martin [LMT] and Raytheon Technologies [RTX] a production contract for Javelin anti-tank missiles potentially worth up to $7.2. billion, the service announced on Wednesday evening. Lockheed Martin said the deal, which covers fiscal years 2023 through 2026 and includes a base period for $1.02 billion, will support ramping up production of Javelins to 3,960 missiles per year by late 2026. “We understand the importance of delivering Javelin and its proven capabilities to our customers worldwide…

Congress

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Congress

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Congress

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Congress

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