Lockheed Martin Signs Framework Agreement With US Department Of War To Accelerate Production And Delivery Of AIM-260, Joint Advanced Tactical Missile

Lockheed Martin has signed a framework agreement with the U.S. Department of War to expedite the production and delivery of the AIM-260 Joint Advanced Tactical Missile (JATM), a key air dominance weapon. This agreement is expected to lead to a multiyear procurement contract, pending Congressional approval, which aims to bolster the defense industrial base. Additionally, Australia has announced a $736 million investment to equip its air force with JATM, enhancing regional security and interoperability with U.S. forces.