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Air Force

Missiles and Munitions Top USAF Unfunded Priorities List

Frank Wolfe

Wednesday, July 9th, 2025

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Missiles and Munitions Top USAF Unfunded Priorities List

Pictured is a cockpit view of an F-15EX Eagle II firing an AIM-120D missile during a Weapons System Evaluation Program test near Tyndall AFB, Fla on Jan. 25, 2022 (U.S. Air Force Photo)

Missiles and munitions dominate the U.S. Air Force's fiscal 2026 unfunded priorities list (UPL). At the top is $300 million for the AIM-260 Joint Advanced Tactical Missile (JATM) by Lockheed Martin [LMT]. In 2019, the Air Force disclosed it was developing JATM to offset the Chinese PL-15 air-to-air missile. The AIM-260 is to have a longer range than the AIM-120D Advanced Medium Range Air-to-Air Missile (AMRAAM) by RTX [RTX]. While the Air Force has divulged little about JATM and has…

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