Workflow
Lockheed Secures a $720M Contract for JAGM & Hellfire Missiles

Key Takeaways LMT secures a 720.1McontracttobuildJAGMmissiles,worktofinishbySeptember2028.JAGMmergesHellfireandLONGBOWcapabilitiesformultidomaincombatsolutions.RisingglobaldefensedemandcontinuestodriveordersforLMTsadvancedmissilesystems.LockheedMartinCorporation((LMT)recentlysecuredamodificationcontractvaluedat720.1M contract to build JAGM missiles, work to finish by September 2028.JAGM merges Hellfire and LONGBOW capabilities for multi-domain combat solutions.Rising global defense demand continues to drive orders for LMT's advanced missile systems.Lockheed Martin Corporation ((LMT) recently secured a modification contract valued at 720.1 million to produce Joint Air-to-Ground Missiles (JAGM) and Hellfire missiles. The work related to this deal will be carried out in Ocala, FL, and i ...