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Friday, June 29, 2012

Lockheed Martin receives $241 Million Contract for JASSM® Lot 10 Production

AGM-158 JASSMThe U.S. Air Force recently awarded Lockheed Martin a $241.6 million contract for Lot 10 production of the Joint Air-to-Surface Standoff Missile (JASSM) and Extended Range (ER) variant.

The JASSM Lot 10 contract is for 191 baseline missiles, 30 ER missiles, Test Instrumentation Kits and systems engineering support. Produced at the company’s award-winning manufacturing facility in Troy, Ala., Lockheed Martin has assembled more than 1,100 JASSMs for testing and operational use toward a total objective of 4,900 JASSM and JASSM-ER missiles.

While this is the tenth production lot for the JASSM baseline missile, it is only the second lot for JASSM-ER. In January 2011, JASSM-ER was authorized for Low Rate Initial Production (LRIP).

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