US Navy & Air Force Award Lockheed Martin 1st Production Lot for LRASM Anti-Ship Missile

Lockheed Martin received an $86.5 million contract from the U.S. Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production. The contract marks the first production award for the air-launched variant of LRASM, and includes 23 missiles and engineering support. Low-rate initial production Lot 1 is the first of several expected annual production lots that will deliver next-generation anti-ship missiles to the U.S. Navy and U.S. Air Force. 
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