19:55 GMT31 May 2020
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    WASHINGTON (Sputnik) - Lockheed Martin has won a more than $818 million US Air Force contract to produce 790 more Joint Air-to-Surface Standoff Missiles (JASSM), the Department of Defence said in a press release.

    "Lockheed Martin Corporation of Orlando, Florida has been awarded an $818,210,722 ...contract for Joint Air-to-Surface Standoff Missile (JASSM) Lot 17 and 18 productions", the release stated on Wednesday.

    The contract provides for 360 Lot 17 JASSM-Extended Range (ER) missiles; 40 Lot 17 Foreign Military Sales (FMS) JASSM-ER missiles; and 390 Lot 18 JASSM-ER missiles, the Defence Department said.

    Work on the contract will be performed in Orlando in the US state of Florida over the next four and a half years and is expected to be completed by 31 October 2024, the release said.

    In February, Lockheed Martin’s Sikorsky business unit said it was building six VH-92A Presidential Helicopters for the US Navy, with a delivery date set for 2022.

    In January, Lockheed Martin announced that it had been awarded a one-year contract worth nearly $2 billion to service nearly 500 jets already delivered and prepare the infrastructure for an eventual deployment of 3,000 aircraft.

    Pentagon, Lockheed Martin, United States
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