Lockheed Martin, established in 1995 and headquartered in Bethesda, Maryland, USA, is a leading global aerospace, defense, and security company. The company specializes in the research, design, development, manufacture, and maintenance of advanced technology systems, products, and services. Its core business areas include aeronautics, missiles and fire control, rotary and mission systems, and space systems. Lockheed Martin is renowned for producing fighter jets like the F-35 Lightning II, missile defense systems, and satellite technologies. With operations in over 50 countries and a workforce of approximately 110,000 employees, the company is committed to delivering innovative solutions that contribute to global security and advancement in aerospace technology.
This is the first follow-on award that is a part of an indefinite-delivery, indefinite-quantity (IDIQ) production contract that was initially awarded in May 2023.
The latest generation of JASSM-ER includes enhancements to hardware and software, providing increased capabilities and more flexible options to match the warfighter’s evolving mission sets.