Lockheed Martin contracted for additional LRASMs
The contract covers 42 additional missiles. (Image: Lockheed Martin)
Lockheed Martin Missiles and Fire Control has been awarded a $125 million contract modification for Lot Four and Five Long Range Anti-Ship Missiles (LRASMs) plus tooling and test equipment.
The contract modification, announced on November 29 and the result of a sole-source acquisition, provides for the purchase of an additional 42 LRASMs, and 24 Weapons Data Links in support of Lot Six.
The work is expected to be completed by September 2025.
The cumulative face value of the LRASM contract is now more than $549 million and the contracting authority is the Air Force Life Cycle Management Center, Eglin AFB, Florida.
More from Defence Notes
-
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
-
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.