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Lockheed’s cruise missile contract crossed $10 billion
A new US Air Force modification worth about $826 million raised Lockheed Martin's combined JASSM and LRASM large-lot contract to approximately $10.48 billion. Work in Orlando is scheduled through July 2030 and supports continued production for US requirements plus approved customers including Poland, the Netherlands, Japan and Finland. The increase expands manufacturing and delivery capacity for long-range air-launched strike and anti-ship missiles, but the ceiling covers a broader multiyear contracting vehicle rather than a single batch; exact quantities and configurations are allocated through individual orders and funded options.