Security and aerospace company Lockheed Martin has secured a U.S. Army Javelin Joint Venture (JJV) production contract for the Javelin weapon system and associated equipment and services.
Authorities indicated the indefinite-delivery, indefinite-quantity (IDIQ) production contract possessed a total ceiling of $7.2 billion for fiscal years 2023 to 2026, including a base year with authorized funding to $1.02 billion and production ramp support to increase Javelin All Up Round (AUR) production to 3,960 per year by late 2026.
Javelin is developed and produced by the JJV between Raytheon Technologies in Tucson, Ariz., and Lockheed Martin in Orlando, Florida.
“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,” Lockheed Martin Javelin Program Director and JJV Vice President Dave Pantano said. “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.”
The contract’s scope provides tooling, test equipment, and non-recurring effort (NRE) for the Javelin production ramp supporting increased Javelin production capacity at JJV factories and throughout the supply chain.
“Javelin’s continued reliability and effectiveness has only bolstered demand for this battle-proven, fire-and-forget precision anti-armor weapon,” Raytheon Javelin Program Director and JJV President Andy Amaro said. “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.”