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(Reuters) - A joint venture between Lockheed Martin and RTX's Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for its Javelin missiles, which has played a major role in ...
The Javelin Joint Venture between Lockheed Martin and Raytheon Company received a $176 million contract in September to produce and deliver 842 Block I Javelin missile rounds and 120 command ...
Lockheed Martin (NYSE ... the U.S. Army awarded the largest single year production contract for Javelin and related equipment worth $1.3 billion to the Javelin joint venture, as well as a $4 ...
The missile production rate could be increased greatly with a national procurement effort. [48] [49] [50] In May 2022, Lockheed Martin CEO James Taiclet stated that Lockheed would nearly double the production of Javelins to 4,000 a year. Ukrainian officials estimated that up to 500 missiles per day were being used in the early days of the war. [51]
In 2008, Raytheon and Boeing teamed up on a $125 million contract, [7] [8] and Lockheed Martin received a $122 million technology development contract for the Joint Air-to-Ground Missile (JAGM) system. The 27-month contracts from the U.S. Army's Aviation and Missile Command is for a competitive risk-reduction phase. [9]
A joint venture between Lockheed Martin Corp and Raytheon Technologies Corp has been awarded two contracts worth $309 million by the U.S. army for its Javelin missiles, the antitank weapon that ...
On 28 March 2023, Naval Air Systems Command (NAVAIR) awarded a $116 million contract to Raytheon Missiles & Defense and Lockheed Martin for technical maturation and development through a preliminary design review of the propulsion system. The contract is slated to begin in December 2024, with each company's initial design review working towards ...
Raytheon (RTN) and Lockheed Martin's (LMT) joint venture secures a contract to build a Javelin Weapon System.