LMT - Lockheed Martin inks deal for $450M Air Force support contract

Lockheed Martin (NYSE:LMT) has been awarded a $450M ID/IQ contract for Joint Air-to-Surface Standoff Missile (or JASSM) production support. The contract will provide lifecycle support for all efforts related to JASSM in the areas of system upgrades, integration, production, sustainment, management and logistical support. Work will be performed in Orlando, Florida, and is expected to be completed by June 10, 2027. Air Force Life Cycle Management Center is the contracting activity (FA8682?22-D-B001). (Awarded June 13, 2022)

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Lockheed Martin inks deal for $450M Air Force support contract