Lockheed Martin
Lrasm Illus 800

Lockheed Martin Draws DoD Orders Worth $843M

Feb. 24, 2021
Two new contracts for ballistic missiles include the largest order to date for Long Range Anti-Ship Missiles, precision-guided weapons for use by the U.S. Navy and Air Force.

Lockheed Martin will supply has drawn two new U.S. Dept. of Defense contracts for ballistic missiles with a total value estimated at $843 million. In the first order, Lockheed will provide a total of 137 Long Range Anti-Ship Missiles (LRASM), the largest order for LRASM missiles in the history of that program.

Production will take place Lockheed Martin Missiles and Fire Control’s operation in Orlando, Fla.

The LRASM is a long range, precision-guided anti-ship missile in used by the U.S. Navy and U.S. Air Force. The missiles are armed with a penetrator and blast fragmentation warhead, and feature precision routing and guidance systems for use at any time in all weather conditions. The missiles have a multi-modal sensor suite, weapon data link, and enhanced digital anti-jam Global Positioning System to detect and destroy specific targets.

Lockheed’s combined Lot 4/5 contract – worth $438.4 million – continues production of the air-launched variant of LRASM, now in service with the U.S. Navy F/A-18E/F and U.S. Air Force B-1B.

“This contract reflects LRASM’s increasing significance to our customers’ missions. Focused teamwork around a shared vision with our customers and our dedicated supply partners remains key to this program’s success,” stated LRASM director David Helsel, of Lockheed Martin Missiles and Fire Control.

The second order is a $428.41-million, firm-fixed-price contract for 400 Lot 19 Joint Air-to-Surface Standoff Missile – Extended Range missiles, for DoD’s foreign military sales. The order includes containers, training and production preparation, tooling and test equipment, and hardware spares. The work will be performed in Orlando and Troy, Ala., and is expected to be completed in March 2025.

Latest from News

Maximilian Pogonii | Dreamstime
Pratt & Whitney
Liujunrong | Dreamstime
Dmitry Kalinovsky | Dreamstime
Spirit AeroSystems