US awards US$414m contract to Lockheed Martin for anti-ship missiles 

The US Navy and US Air Force have awarded a US$414 million contract to Lockheed Martin for continuing Long Range Anti-Ship Missile (LRASM) production.

The contract ensures the continuing production of the air-launched variant of LRASM, now operational on the US Navy F/A-18E/F and US Air Force B-1B assets.

David Helsel, LRASM Director at Lockheed Martin Missiles and Fire Control, said: “This contract reflects LRASM’s increasing significance to our customers’ missions.

“Focused teamwork around a shared vision with our customers and our dedicated supply partners remains key to this program’s success.

“We look forward to continuing our important work and growing our capabilities and platforms,” he added.

Lockheed Martin’s 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 is a precision-guided, anti-ship standoff missile based on the successful Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER).

According to Lockheed Martin LRASM will play a significant role in ensuring US military access to operate in open ocean, owing to its enhanced ability to discriminate and conduct tactical engagements from extended ranges.