Lockheed Martin receives contracts for JASSM production

Lockheed Martin, a global security and aerospace company, announced on Thursday that it received two production contracts worth $449 million from the U.S. Air Force for production of the Joint Air-to-Surface Standoff Missile.

The contracts include production of 340 baseline missiles and 100 extended range missiles, as well as test equipment, tooling, logistics support and systems engineering. The contracts mark the first time the JASSM program received consecutive production lots at the same time.

"These contracts bring the total number of JASSM cruise missiles on contract to over 2,100, and underscore the U.S. Air Force's and Lockheed Martin's commitment to the program," Jason Denney, the program director of long range strike systems at Lockheed Martin Missiles and Fire Control, said. "JASSM's high reliability and capability allow it to defeat high-value, well-defended current and future threats."

The contract awards come after Lockheed Martin met several JASSM program milestones, including foreign military sales contracts to integrate JASSM onto Finland's F/A-18C/D aircraft. In August 2012, JASSM-ER successfully completed U.S. Air Force initial operational test and evaluation flight testing.

JASSM and JASSM-ER are armed with a blast-fragmentation warhead and a dual-mode penetrator. According to Lockheed Martin, the missiles cruise autonomously day or night in all weather conditions and weigh approximately 2,000 pounds.