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Thursday, March 28th, 2024

Javelin Joint Venture secures Army missiles production pact

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The Raytheon Missiles & Defense and Lockheed Martin partnership Javelin Joint Venture has secured $309 million in Army contracts for Javelin missiles and associated equipment and services.

The agreements call for over 1,300 Javelin missiles funded from the recent Ukraine Supplemental Appropriations Act and orders for international customers, including Norway, Albania, Latvia, and Thailand.

“We remain committed to delivering this exceptional weapon system to warfighters around the globe,” Javelin Joint Venture President and Program Director at Raytheon Missiles & Defense Marek Wolert said. “Raytheon is working proactively with our supply chain to ensure our readiness and ability to support this urgent need.”

Officials indicated the anti-tank and multi-target guided missile system delivers fire-and-forget capability over its full range of up to four kilometers in most operational conditions.

“The Javelin Joint Venture is working hard to meet this increase in demand,” Javelin Joint Venture Vice President and Lockheed Martin Javelin Program Director Dave Pantano said. “Javelin’s unique capabilities have proven to be a difference-maker in our users’ defining moments, and we look forward to continuing our partnership with the Army to deliver this critical weapon system.”

According to Lockheed Martin, the Javelin Joint Venture has produced over 50,000 Javelin missiles and more than 12,000 reusable Command Launch Units. The weapon is expected to serve as part of the nation’s domestic arsenal until 2050.