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Lockheed Nabs $483.5 Million JAGM, Hellfire Missile Order For Army, Navy, FMS Customers

Matthew Beinart By
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Lockheed Nabs $483.5 Million JAGM, Hellfire Missile Order For Army, Navy, FMS Customers
U.S. Marines with Marine Operational Test and Evaluation Squadron 1 (VMX-1) load a joint air-to-ground missile (JAGM) onto an AH-1Z Viper during an operational test at Marine Corps Air Station Yuma, Arizona, Dec. 6, 2021. (U.S. Marine Corps photo by Cpl. Matthew Romonoyske-Bean)

The Army on March 29 awarded Lockheed Martin [LMT] a $483.5 million follow-on production order for Joint-Air-to-Ground Missiles (JAGM) and Hellfire missiles, covering deliveries to the service, the Navy and the Czech Republic, France and Poland, according to a Pentagon contracts announcement. Lockheed Martin noted the latest production is the third follow-on award placed under the potential $4.5 billion multiple year deal for JAGMs and Hellfires the Army awarded the company in March 2023. “This follow-on contract signals the Army’s…

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