The Army’s latest Javelin deal to Lockheed Martin [LMT] and
Raytheon Technologies [RTX] could cover procurement of up to twenty-eight,000 missiles under the $7.2 billion contract ceiling.
A spokesperson for the Army’s Program Executive Office Missiles and Space confirmed the extra details of the recent Javelin production award, noting the initial $1.02 billion base period covers 6,300 missiles.
“This contract includes replenishment of U.S. missile stockpiles in addition to regular recurring production activities. A portion of the contract utilized Ukraine supplemental funds,” the spokesperson said.
Lockheed Martin and Raytheon Technologies’ Javelin three way partnership received the brand new production contract last week, which the businesses said will support ramping up production to three,960 anti-tank missiles per yr by late 2026 (Defense Each day, May 4).
The U.S. has committed to providing Ukraine with 10,000 Javelin anti-tank missiles to this point, in keeping with the Pentagon, in support of Kyiv’s fight against Russia’s ongoing invasion.
The brand new Javelin production deal also covers deliveries of the anti-tank missile to international partners.
The complete list of nations to receive missiles under the procurement deal includes Albania, Australia, Estonia, Ireland, Lithuania, Macedonia, Recent Zealand, Norway, Oman, Poland, Thailand, and the UK, in keeping with the PEO Missiles and Space spokesperson.