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State Department Approves $990 Million Deal With Australia For 200 LRASMs

Matthew Beinart By
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State Department Approves $990 Million Deal With Australia For 200 LRASMs
A Lockheed Martin rendering of LRASM. (Image: Lockheed Martin).

The State Department has approved a potential $990 million deal with Australia for 200 AGM-158C Long Range Anti-Ship Missiles (LRASMs). The Defense Security Cooperation Agency (DSCA) on Friday notified Congress of the foreign military sale. This is Australia’s first purchase of the Lockheed Martin [LMT]-made anti-ship cruise missiles. “Australia intends to use the missiles on its F-18 aircraft and will provide enhanced capabilities in defense of critical sea-lanes. The proposed sale of the missiles and support will increase the Australian…

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