Lockheed Martin just landed a major win: a $720 million contract modification from the U.S. Army to crank out another round of JAGM and Hellfire missiles. This marks Year 4 of an ongoing production effort, bringing the deal’s total value to a hefty $1.49 billion.
What’s the Buzz?
- Missile Delivery Line-up: Lockheed will supply JAGM and Hellfire missiles not only to the U.S. Army and Navy but also to international partners. Highlights include 160 JAGMs for the U.K., plus Hellfire orders headed to Poland, Spain, Czech Republic, Italy, and newcomer Canada.
- Where It All Happens: Production is slated at Lockheed facilities in Ocala, Florida, with completion expected by September 30, 2028.
- The Numbers Game: The contract brings the cumulative production-run value to $1.49 billion. These weapons remain top-tier in precision strike arsenals.
- Legacy of Firepower: With over 140,000 missiles produced, the Hellfire family has long been a backbone of targeted strikes worldwide.
Why It Matters
- Next-Level Precision: The Joint Air-to-Ground Missile (JAGM) elevates capabilities—thanks to a dual-mode seeker that blends semi-active laser guidance with millimeter-wave radar. It’s a chilling “fire-and-forget” weapon, even in poor weather or GPS-denied zones.
- Worldwide Reach: U.K., Poland, Spain, Czech Republic, Italy, and Canada—Lockheed’s reach clearly spans NATO and global allies.
- Market Momentum: With soaring demand for precision strike weapons, this contract helps Lockheed stay in the fast lane—alongside rivals like RTX, Northrop Grumman, and Boeing.
TL;DR Snapshot
| Contract | $720M (Year 4 modification) |
|---|---|
| Total Value to Date | $1.49B |
| Missiles Covered | JAGM + Hellfire |
| Major Buy ers | U.S., U.K., Poland, Spain, Czech Republic, Italy, Canada |
| Production Site | Ocala, Florida |
| Finish Date | September 30, 2028 |
| Key Capability | Dual-mode seeker—laser + millimeter-wave radar |