WASHINGTON (Pakistan Point News / Sputnik - 02nd April, 2020) Lockheed Martin has won a more than $818 million US Air Force contract to produce 790 more Joint Air-to-Surface Standoff Missiles (JASSM), the Department of Defense said in a press release.
"Lockheed Martin Corporation [of] Orlando, Florida has been awarded an $818,210,722 ...contract for Joint Air-to-Surface Standoff Missile (JASSM) Lot 17 and 18 production," the release stated on Wednesday.
The contract provides for 360 Lot 17 JASSM-Extended Range (ER) missiles; 40 Lot 17 Foreign Military Sales (FMS) JASSM-ER missiles; and 390 Lot 18 JASSM-ER missiles, the Defense Department said.
Work on the contract will be performed in Orlando in the US state of Florida over the next four and a half years and is expected to be completed by October 31, 2024, the release said.
