"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 productions", 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 Defence 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 31 October 2024, the release said.
In February, Lockheed Martin’s Sikorsky business unit said it was building six VH-92A Presidential Helicopters for the US Navy, with a delivery date set for 2022.
In January, Lockheed Martin announced that it had been awarded a one-year contract worth nearly $2 billion to service nearly 500 jets already delivered and prepare the infrastructure for an eventual deployment of 3,000 aircraft.