U.S. Army Orders $483M JAGM, Hellfire Missiles

Lockheed Martin received a new contract from the U.S. Army worth $483 million for Joint-Air-to-Ground Missiles (JAGM) and HELLFIRE missiles in Program Year 3 (PY3).

This contract will provide JAGM and HELLFIRE procurement and production support for the U.S. Army, U.S. Navy and international customers. This contract is the third follow-on award that is a part of a multiple-year award that was initially awarded in March 2023.

The total contract award value is for up to $4.5 billion through 2025.