Lockheed Martin: US Army awards Javelin JV $900.5M follow-on
Lockheed Martin Corp (LMT) has been awarded a significant contract by the US Army for its Javelin Joint Venture (JV). The deal, valued at $900.5 million, follows the company's previous successful engagements in the defense sector [1].
The contract, which was announced on September 2, 2025, is a follow-on to previous agreements, demonstrating the continued trust and confidence placed in Lockheed Martin's capabilities by the US military. The contract is part of the broader effort to modernize and enhance the US Army's defensive systems, particularly in the area of advanced weaponry and command and control (C2) solutions.
This latest award underscores Lockheed Martin's role as a key player in the US defense industry, particularly in the development and deployment of cutting-edge technologies. The company's expertise in areas such as stealth technology, countermeasures, and advanced avionics has positioned it as a preferred partner for the US military.
The award also highlights the strategic importance of the Javelin system, which has been a cornerstone of the US Army's anti-tank capabilities. The Javelin JV, a joint venture between Lockheed Martin and Raytheon, has been instrumental in delivering advanced, high-performance weapon systems to the US military and its allies.
The contract is expected to further strengthen Lockheed Martin's financial position and contribute to its ongoing efforts to innovate and maintain its leadership in the defense sector. As the US military continues to invest in modernizing its capabilities, companies like Lockheed Martin will play a crucial role in shaping the future of defense technology.
References:
[1] Reuters. (2025). Lockheed Martin awarded prototype agreement by the US Army for NGC2. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3UP0VW:0-lockheed-martin-announces-prototype-agreement-by-the-us-army-for-ngc2/
[2] Investing.com. (2025). Lockheed Martin secures $564 million contract for B-2 countermeasure receivers. Retrieved from https://www.investing.com/news/stock-market-news/lockheed-martin-secures-564-million-contract-for-b2-countermeasure-receivers-93CH-4220382
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