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The US Army has awarded Lockheed Martin a US$483 million (AU$731.2 million) follow-on production contract to provide joint-air-to-ground missiles (JAGM) and Hellfire missiles.
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This third follow-on contract will provide joint-air-to-ground missiles (JAGM) and Hellfire missiles for the US Army, US Navy and a number of international customers. The total contract award value is for up to US$4.5 billion (AU$6.81 billion) through 2025.
Joey Drake, program management director of multi-domain missile systems at Lockheed Martin Missiles and Fire Control, said: “This follow-on contract signals the Army’s continued confidence in both the JAGM and Hellfire systems as premier defence capabilities when it comes to ensuring customer readiness worldwide.”
Hellfire currently has more than 30 foreign military sale (FMS) customers, with new Hellfire international customer Poland included in the PY3 contract.
Both the US Army and Lockheed Martin have structured the contract to provide maximum flexibility to facilitate the procurement of both systems to multiple domestic and international customers, especially as the JAGM program anticipates a significant increase in international demand for the weapon system in coming years.
“We will be able to continue to provide procurement and production support for both systems, which is important because both are critical multi-domain combat solutions that protect and defend our armed forces and allies against ever-changing global threats,” Drake added.
Both the JAGM and Hellfire systems are designed and developed in Orlando, Florida. The weapon systems are manufactured across various Lockheed Martin facilities in Texas, Florida, Pennsylvania and Alabama.
With more than 140,000 missiles produced, JAGM and Hellfire continue to be the weapon of choice in critical, precision engagement opportunities.
