|U.S. Army Awards Javelin Production Contract|
Lockheed Martin Corporation34 day(s) ago
The production contract provides procurement of Javelin systems and support for the U.S. Army and international customers. The contract will also provide tooling, test equipment and non-recurring effort (NRE) for the Javelin production ramp that will support increasing Javelin production capacity both at JJV factories and throughout the supply chain. “We understand the importance of delivering Javelin and its proven capabilities to our customers worldwide so they’re prepared for the missions they face today and tomorrow,” says Dave Pantano, JJV vice president and Lockheed Martin Javelin program director. “This contract allows us to continue to evolve with our customers’ needs, while ramping up Javelin production to support the increased international interest for this multi-purpose weapon system.” With more than 20 international customers worldwide, the contract supports Javelin’s increased global demand, including new international customer North Macedonia. “Javelin’s continued reliability and effectiveness has only bolstered demand for this battle-proven, fire-and-forget precision anti-armor weapon,” said Andy Amaro, JJV president and Raytheon’s Javelin program director. “Together with our U.S. Army customer and supplier partners, we share a singular focus – the timely delivery of this exceptional weapon system to ground forces worldwide.” Javelin is developed and produced by the JJV between Raytheon Technologies in Tucson, Arizona and Lockheed Martin in Orlando, Florida. To date, the JJV has produced more than 50,000 Javelin missiles and more than 12,000 reusable Command Launch Units. Javelin is expected to remain in the U.S. weapon arsenal until 2050. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Please follow @LMNews on Twitter for the latest announcements and news across the corporation. About Raytheon Technologies Raytheon Technologies (NYSE: RTX) is the world’s largest aerospace and defense company. Our global team of 180,000 employees pushes the limits of known science and redefines how we connect and protect our world. We are advancing aviation, building smarter defense systems and creating innovations to take us deeper into space. The company, with 2022 sales of $67 billion, is headquartered in Arlington, Virginia.