:

Air Force

Lockheed Martin Wins $305 Million Air Force Contract For JASSM/JASSM-ER

Thursday, October 15th, 2015

SHARE:

Lockheed Martin Wins $305 Million Air Force Contract For JASSM/JASSM-ER

A B-1 releasing a JASSM. Photo: Lockheed Martin.

The U.S. Air Force awarded Lockheed Martin [LMT] a $305.4 million contract for the continued roduction of the Joint Air-to-Surface Standoff Missile (JASSM) and the Extended Ranger (ER) version, the company said Thursday.This contract is for Lot 13 production and includes 140 baseline JASSMSs, data, tooling, and test equipment for U.S. and international partners. This production lot is the largest JASSM-ER order thus far and brings the total missiles under contract to over 2,300, Lockheed Martin said.Both JASSM and JASSM-ER…

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 […]