:

Air Force

U.S. Air Force Awards Lockheed Martin $240 Million for ‘Extreme Range’ JASSM Development

Frank Wolfe

Thursday, June 1st, 2023

SHARE:

U.S. Air Force Awards Lockheed Martin $240 Million for ‘Extreme Range’ JASSM Development

US Air Force insignia on an aging jet plane.

The U.S. Air Force has awarded Lockheed Martin [LMT]'s missiles and fire control segment in Orlando, Fla., a $240 million contract for the development, test, and integration of the company's AGM-158D, 1,000 nautical mile “extreme range” Joint Air-to-Surface Standoff Munition (JASSM). "Work will be performed in Orlando, Florida, and is expected to be completed Feb. 1, 2025," the Pentagon said in a June 1st contract announcement. The AGM-158D is to have new wing and chine designs and “software updates for…

Advanced / Transformational Technology

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

The Pentagon’s chief technology officer has said the department may need to make “tradeoffs” on certain capability priorities if Congress doesn’t pass a reconciliation with $350 billion in requested defense […]

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]