Lockheed Martin Awarded Contract Modification for LRASM Lot 1 Production

Lockheed Martin Missiles and Fire Control has been awarded a contract modification for Long Range Anti-Ship Missile (LRASM) Lot 1 production.

The fixed-price incentive modification, worth around $14 million, was awarded by the U.S. Air Force Life Cycle Management Center (AFLCMC) located at Eglin Air Force Base, Florida. Fiscal 2017 missile procurement funds for the amount are being obligated at the time of award.

This modification provides for four LRASM missiles. Work will be performed in Orlando, Florida, and is expected to be complete by Feb. 28, 2020.

LRASM is designed to detect and destroy specific targets within groups of ships by employing advanced technologies that reduce dependence on intelligence, surveillance and reconnaissance platforms, network links and GPS navigation in electronic warfare environments. LRASM will play a significant role in ensuring military access to operate in open ocean/blue waters, owing to its enhanced ability to discriminate and conduct tactical engagements from extended ranges.

LRASM is a precision-guided, anti-ship standoff missile based on the successful Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER). It is designed to meet the needs of U.S. Navy and U.S. Air Force Warfighters in contested environments. The air-launched variant provides an early operational capability for the U.S. Navy’s offensive anti-surface warfare Increment I requirement to be integrated onboard the U.S. Air Force’s B-1B in 2018 and on the U.S. Navy’s F/A-18E/F Super Hornet in 2019.

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