LMT · News · 20260918N

JATM Production Expansion

LOCKHEED MARTIN CORP · 2026-09-18 · Importance 31 · Surprise 42 · In source text

Lockheed Martin is ramping production of the AIM-260 Joint Advanced Tactical Missile (JATM) as U.S. and allied demand grows. Lockheed and the Pentagon reportedly reached an initial framework agreement to increase JATM production, although the classified program’s detailed production targets were not disclosed. The missile is intended to replace AMRAAM, and the agreement could support faster deliveries and longer-term program expansion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecontingent—LOCKHEED MARTIN CORP and the Pentagon have reportedly reached an initial agreement to increase the production of the AIM-260 Joint…