U.S. Army Awards Javelin Joint Venture $7.2B Production Contract for 2023-26

The U.S. Army awarded the Javelin Joint Venture (JJV) a contract valued $7.2 billion for fiscal years 2023 to 2026 for the Javelin weapon system and associated equipment and services.

This award includes a base year with authorized funding to $1.02 billion and production ramp support to increase Javelin All Up Round (AUR) production to 3,960 per year by late 2026.

The production contract provides procurement of Javelin systems and support for the U.S. Army and international customers. The contract will also provide tooling, test equipment and non-recurring effort (NRE) for the Javelin production ramp that will support increasing Javelin production capacity both at JJV factories and throughout the supply chain.

Javelin is developed and produced by the JJV between Raytheon Technologies in Tucson, Arizona and Lockheed Martin in Orlando, Florida. To date, the JJV has produced more than 50,000 Javelin missiles and more than 12,000 reusable Command Launch Units. Javelin is expected to remain in the U.S. weapon arsenal until 2050.