Lockheed Martin receives LRASM spare parts contract
AGM-158C Long-Range Anti-Ship Missile. (Photo: Lockheed Martin)
Modification brings cumulative value of LRASM Lot 4 and Lot 5 production contract to almost $425 million.
Lockheed Martin Missiles and Fire Control is providing spare parts for Lot 4 and Lot 5 production AGM-158C Long-Range Anti-Ship Missile (LRASM) to the USAF and unnamed FMS recipients under a $7.59 million contract modification, the DoD announced on 17 May.
Work will be performed in Orlando, Florida, and is expected to be completed by 20 September 2024.
The modification brings the total cumulative value of the Lot 4 and Lot 5 LRASM contract to $424.77 million.
Lockheed Martin obtained its biggest LRASM contract to date in February 2021, with a $414.25 million deal from the US Air Force Lifecycle Management Center for production of 137 Lot 4 and Lot 5 missiles.
According to Shephard Defence Insight, LRASM is designed to detect and destroy specific targets within groups of ships by employing advanced technologies that reduce dependence on ISR platforms, network links and GPS navigation in electronic warfare environments.
Related Equipment in Defence Insight
More from Naval Warfare
-
![“We must end the mentality of ever larger platforms”: Why USVs are scaling]()
“We must end the mentality of ever larger platforms”: Why USVs are scaling
Multiple USV programme milestones announced last week, aligned with a reinforcement of the Royal Navy’s vision for a hybrid fleet, point to innovation-led ambition but also to a structural calculation with resource ceilings that neither London nor Washington can ignore.
-
![As uncrewed naval systems advance, capabilities to counter them are emerging]()
As uncrewed naval systems advance, capabilities to counter them are emerging
Research programmes and system procurement efforts to counter uncrewed surface and underwater vehicle threats are accelerating as naval drone uptake spreads.
-
![US Coast Guard to receive the first three Offshore Patrol Cutters in FY2026 and FY2027]()
US Coast Guard to receive the first three Offshore Patrol Cutters in FY2026 and FY2027
After recording a nearly six-year delay in the OPC schedule, the USCG intends to advance with the programme, reaching multiple milestones in the short term.
