Lockheed Martin has received a $3.2-billion contract to produce Joint Air-to-Surface Standoff Missiles (JASSM) and Long-Range Anti-Ship Missiles (LRASM) for US allies.
Announced on Friday, the substantial procurement under Lot 22 includes supplies for NATO members Finland, Poland, and the Netherlands, as well as Asian ally Japan.
Work for the contract will take place at the company’s facility in Florida, with completion scheduled for 2032.
Once delivered, the missiles are expected to enhance the defense capabilities of the four nations amid increasing global threats.
The sale will also strengthen defense ties between the US and its European and Asian partners.
About the Missiles
One of Lockheed’s first cruise missiles, the JASSM is a long-range weapon developed originally for the US Air Force.
It can strike high-value and well-defended targets up to 1,000 kilometers (621 miles) away.
Earlier this month, Lockheed unveiled a new extreme-range version of the JASSM missile, which reportedly exceeds the operational range of previous variants.
The LRASM, meanwhile, is pitched as an advanced solution for anti-surface warfare.
It employs semi-autonomous guidance algorithms to pinpoint specific targets with high accuracy.
Notably, the weapon does not rely on GPS navigation or intelligence, surveillance, and reconnaissance platforms, making it well-suited for operations in electronic warfare environments.