Lockheed Martin Lands $48.6M in New DoD Awards

[cryptohog]

Lockheed Martin has secured two contract modifications worth a combined $48.6 million from the U.S. Department of Defense.

$29.4M for Joint Air-to-Surface Standoff Missile enterprise software, raising the program total to $185.4M. Work runs through 2029 with contributions to foreign military sales for Australia, Finland, Japan, the Netherlands, and Poland.

$19.2M for GPS III follow-on Award Fee Period Six, lifting the program total to $4.12B. Work will be performed in Colorado through March 2025.

These contracts highlight Lockheed’s continued role in advancing precision strike and navigation systems that support both U.S. and allied defense needs.

[Rimon Khan]

$48.6M in new DoD contracts Lockheed strengthening its defense tech lead

[Nahid Hossen]

JASSM software + GPS III upgrades = precision strike + navigation edge