From Florida to the Field: $720M Contract Fuels Next Phase of Precision Missile Output

Lockheed Martin Corp., Orlando, Florida, was awarded a $720,120,883 modification (P00060) to contract W31P4Q-23-C-0005 for Production Year Four of HELLFIRE/JAGM missiles. The modification brings the total cumulative face value of the contract to $1,493,541,465. Work will be performed in Ocala, Florida, with an estimated completion date of Sept. 30, 2028. Fiscal 2025 missile procurement, Army funds in the amount of $720,120,883 were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.