Lockheed Martin Secures $900.5 Million Contract for Javelin Missiles

Lockheed Martin, in collaboration with Raytheon, has been awarded a substantial contract by the U.S. Army to produce Javelin missiles, marking a significant milestone with new international customers in Brazil and Tunisia.

In a major development for the defense industry, the U.S. Army has awarded the Javelin Joint Venture (JJV), a partnership between Lockheed Martin and Raytheon, a follow-on production contract valued at up to $900.5 million. The contract will see the continuation of Javelin missile production, a system renowned for its combat effectiveness in anti-armor warfare. This award also includes Foreign Military Sales (FMS) to Brazil and Tunisia, marking the first time these nations will utilize the Javelin system.

The Javelin missile system has already been adopted by over 25 international customers, and this latest contract is a testament to its global demand. With the inclusion of Brazil and Tunisia, Javelin's reach now extends to every continent except Antarctica. The contract also includes FMS orders for key NATO allies Estonia and Bulgaria, as well as Australia, underscoring the system's strategic importance in regions such as the Indo-Pacific.

This contract is part of an indefinite-delivery, indefinite-quantity agreement first established in May 2023. In response to increasing global demand, the Javelin team has upgraded production lines with new tooling and testing equipment to enhance efficiency and output. Brian Burton, Vice President of Precision Fires and Maneuver at Raytheon, highlighted the ongoing efforts to meet demand while maintaining the system's reputation for reliability and effectiveness.

Lockheed Martin and Raytheon have a longstanding partnership in developing the Javelin missile system, a relationship that has resulted in the production of over 55,000 missiles and 12,000 Command Launch Units. This collaboration exemplifies the companies' commitment to delivering innovative defense solutions that meet evolving threats worldwide. Rich Liccion, Vice President and Javelin Program Director at Lockheed Martin, emphasized the importance of ramping up production to support global security needs.

As the defense landscape continues to evolve with emerging threats, the demand for reliable and effective systems like the Javelin remains high. Lockheed Martin and Raytheon are at the forefront of this dynamic environment, consistently adapting to deliver cutting-edge technologies. This latest contract not only reaffirms the Javelin's position as a critical defense asset but also highlights the trust and confidence global partners place in these industry leaders.