:

Air Force

Lockheed Martin Awarded $390 Million for JASSM Lot 16 Production

By Vivienne Machi

Monday, October 8th, 2018

SHARE:

Lockheed Martin Awarded $390 Million for JASSM Lot 16 Production

An artist’s rendering of Lockheed Martin’s JASSM. Photo: Lockheed Martin.

The Air Force on Friday awarded Lockheed Martin [LMT] a $390 million contract to continue production of the Joint Air-to-Surface Standoff missile (JASSM) currently in use on several of the service’s fighter and bomber fleets.The contract is for Lot 16 production and includes 360 JASSM-extended range (JASSM-ER) missiles, three foreign military sales (FMS) separation text vehicles, one FMS flight test vehicle-live fire and tooling and test equipment, according to the contract announcement. Work will be performed in Orlando, Florida, and…

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]