Pentagon, Lockheed Sign Framework Deal to Boost AIM-260 Production
Officials say the deal is a demand signal, not an order, as Lockheed prepares production lines for a possible multiyear buy.
- On Thursday, the Defense Department and Lockheed Martin signed a framework agreement to expand production capacity of the AIM-260 Joint Advanced Tactical Missile, laying groundwork for future multiyear purchases of the classified long-range air-to-air weapon.
- Lockheed developed the AIM-260 for the Air Force and Navy to outrange the AIM-120 AMRAAM, offering greater range and effectiveness against threats like the PL-15 while fitting internal bays of F-22 and F-35 fighters.
- Australia became the first export customer on August 6, announcing a nearly $736 million investment to equip the Royal Australian Air Force with up to 450 missiles valued at $3.16 billion.
- Lockheed Martin Missiles and Fire Control President Tim Cahill said the company will invest its own capital to expand capacity, sending 'long-term demand signals' to the defense industrial base before receiving formal orders.
- Pending Congressional approval, the framework agreement provides foundational structure to ensure production lines are ready for future multiyear procurement of the AIM-260 once official government orders arrive.
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Pentagon, Lockheed to Expand Production of Secretive New JATM
The Pentagon announced a deal with Lockheed Martin on Sept. 17 to expand production of the AIM-260 Joint Advanced Tactical Missile, an advanced new Air Force and Navy air-to-air missile meant to equip fifth- and sixth-generation fighters. The post Pentagon, Lockheed to Expand Production of Secretive New Joint Advanced Tactical Missile appeared first on Air & Space Forces Magazine.
Pentagon, Lockheed Martin sign deal to boost production of new air-to-air missile
The Pentagon and Lockheed Martin on Thursday signed an agreement for the Texas-based defense giant to fast-track production and delivery of its next-generation AIM-260 Joint Advanced Tactical Missile.
Lockheed Martin and Department of War to Accelerate Air Dominance Missile Production Under New Agreement
/PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed a framework agreement with the U.S. Department of War to rapidly accelerate the production and delivery of...
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ekonomim.comThe US Department of Defense (Pentagon) has signed a framework agreement with defense company Lockheed Martin to increase production capacity for the AIM-260 Joint Advanced Tactical Missile.
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