Daily News

Lockheed receives contract for new JASSM lot while maturing 'extreme-range' variant

By Rachel Cohen  
October 9, 2018 at 3:36 PM
Lockheed Martin recently received another contract worth nearly $391 million to build its 16th lot of AGM-158 Joint Air-to-Surface Standoff Missiles for the Air Force, seven months after the service planned to award those funds. The contract covers production of 360 extended-range missiles as well as some test equipment for foreign customers, according to an Oct. 5 Defense Department announcement. Lot 16 is the second batch that consists solely of extended-range missiles, instead of combining them with the baseline version...

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