Lockheed Martin Secures $3.23B to Provide JASSM, LRASM Missiles to Japan, the Netherlands, Finland and Poland

Lockheed Martin has been awarded a $3.23 billion contract for the joint procurement of the Joint Air-to-Surface Standoff Missile (JASSM) and the Long-Range Anti-Ship Missile (LRASM).

The contract includes the procurement of JASSM Lot 22 and is part of a Foreign Military Sales (FMS) program involving Japan, the Netherlands, Finland, and Poland. The Pentagon's contract announcement did not specify how much of these funds will be allocated to JASSM and LRASM missiles.

The contract work will be performed in Orlando and is expected to be completed by July 31, 2032.

The company recently introduced an upgraded variant of the JASSM, known as the AGM-158 eXtreme Range (XR). This variant extends the range of its predecessors, reportedly reaching up to 1,600 kilometers. Some reports suggest the AGM-158 XR could surpass the range of the Tomahawk missile.

Meanwhile, the United States is expected to send JASSM missiles to Ukraine, with deliveries potentially several months away. An agreement specifying the terms of use is still pending. Ukraine intends to deploy the JASSM missiles with its fleet of F-16 Fighting Falcons, as well as Soviet-era aircraft like the MiG-29 and Su-27.

The JASSM missile features a low radar signature, making it difficult to detect in flight by air defense systems such as Russia's S-350. It also includes infrared sensors, inertial navigation units, radar altimeters, and GPS correction modules, enhancing its precision capabilities.

The Pentagon today has also announced a separate $358 million contract for Lot 8b of LRASM missiles. This contract involves FMS funds in the amount of $145.5 million.