Lockheed Martin and US to speed AIM-260 missile production under new agreement

Lockheed Martin has signed a framework agreement with the U.S. Department of Defense to accelerate the production and delivery of the AIM-260, Joint Advanced Tactical Missile (JATM). JATM is the most sophisticated air dominance missile, capable of deterring and defeating current and projected enemy air threats. This state-of-the-art weapon has increased range and effectiveness over existing air-to-air weapons and provides an asymmetric advantage to the joint force. JATM is compatible with a variety of Air Force and Navy aircraft including the F-22 Raptor and F-35 Lightning II, making it a highly versatile combat system. “This agreement builds on years of collaboration to deliver this critical air dominance capability to the warfighter,” said Tim Cahill, president, Lockheed Martin Missiles and Fire Control. “We will deliver JATM at the speed our nation and allies demand while providing value for taxpayers and our shareholders.” JATM is produced by Lockheed Martin in partnership with the U.S. Air Force and U.S. Navy. Lockheed Martin will support necessary investments to drive the production increase under this agreement. This agreement forms the foundational agreement for a multiyear procurement contract, pending Congressional approval, that provides long-term demand to strengthen and expand the defence industrial base for the program. Australia recently announced a nearly $736 million investment to equip the Royal Australian Air Force with JATM. This agreement strengthens Australia’s air dominance, enhances interoperability, and provides a credible deterrent that supports the security of the United States and its allies. For Editorial Inquiries Contact: Editor Kym Bergmann at [email protected] For Advertising Inquiries Contact: Group Sales Director Simon Hadfield at [email protected]