Lockheed Martin Secures $720 Million Contract for JAGM and HELLFIRE Production
4 pages · PDF · 02 September 2025 · Licensed single-user copy, watermarked to the buyer
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What this report covers
Technologies: Hypersonics & Advanced Missile Systems. A sourced, structured 4-page analysis for European defence and dual-use decision-makers, from the DFM research desk and built on official and primary sources.
About this report
On August 21, 2025, Lockheed Martin announced it has been awarded a $720 million contract by the U.S. Army for the production of Joint Air-to-Ground Missiles (JAGM) and HELLFIRE missiles. This award marks the fourth and final follow-on order under the current multi-year framework agreement.
The contract will provide procurement and production support not only to the U.S. Army but also to the U.S. Navy and a number of international customers, reinforcing Lockheed Martin’s position as a central supplier of advanced multi-domain missile systems. The contract includes significant Foreign Military Sales (FMS), highlighting the global demand for these systems.
Key questions this report answers
- What does Lockheed Martin's $720 million U.S. Army award cover across JAGM and HELLFIRE production, and why is it described as the fourth and final follow-on order under the multi-year framework?
- How does a single contract simultaneously serve the U.S. Army, U.S. Navy, and international customers, and what does that structure reveal about Lockheed Martin's multi-domain missile supply model?
- What role do Foreign Military Sales (FMS) play in this award, and what does the FMS component signal about global demand for JAGM and HELLFIRE systems?
- As the final order under the current framework closes out, what procurement questions arise for sustaining JAGM and HELLFIRE production capacity beyond this multi-year agreement?
Who it's for
Strategy, corporate-development and investment teams that need an ecosystem-level view — budgets, industrial capacity and technology landscapes — before committing capital or capacity.
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Methodology, format & delivery
DFM reports are built from primary and official sources — TED procurement notices, CORDIS and the EU Funding & Tenders Portal, EIB operations, the NATO Innovation Fund portfolio, SIPRI data, official budget documents and company disclosures — read together with the underlying legal texts. Sources are cited in the document; it reflects them as of its publication date (02 September 2025). You receive a 4-page PDF, watermarked to you on every page, delivered on the confirmation page and by e-mail immediately after checkout (personal link valid 72 hours, up to 5 downloads). Guest checkout, single-user licence — Terms of Sale.
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