Lockheed Martin has received nearly $1 billion in funding from the US Department of Defense to support the development, sustainment, and modernization of its long-range missile programs, specifically the JASSM and LRASM. The $999 million contract will be used to upgrade components, integrate systems, manufacture new units, and manage logistics for all missile versions currently used by the US Air Force.
Scheduled to conclude by July 2030, the program will be primarily based out of Orlando, Florida. The JASSM is a stealth-enabled, air-launched cruise missile engineered for high-precision strikes against both stationary and mobile targets. It carries a large 450-kilogram warhead and is capable of reaching targets over 500 nautical miles away, offering critical standoff capabilities.
The missile is integrated across several aircraft platforms, including the F-15E Strike Eagle, F-16 Fighting Falcon, F/A-18 Hornet, and the fifth-generation F-35 Lightning II. The AGM-158B-2 version introduces a series of key upgrades, notably a new missile control unit and a next-gen GPS Anti-Jam Receiver, enhancing targeting accuracy in electronically contested environments. These features reflect Lockheed Martin’s ongoing investment in extending the system’s effectiveness through iterative technological enhancements.
