
The Air Force on Monday awarded Lockheed Martin [LMT] a $350 million increase to an ongoing indefinite-delivery/indefinite-quantity contract for Joint Air-to-Surface Standoff Missile (JASSM) production support, the service said.The award involves lifecycle support for all efforts related to the AGM-158 JASSM, including the extended-range version dubbed JASSM-ER, as well as the long-range anti-ship missile (LRASM) currently in development for the U.S. Navy.The work will entail system upgrades, integration, production, sustainment, management and logistical support, according to the contract announcement. Work…