Pentagon awards Raytheon, Lockheed $311mln to replenish Javelin stocks

By Al Mayadeen English
Source: Agencies
15 Sep 2022 17:54
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The award is dedicated to the production of 1,800 Javelin missiles meant to replenish stocks deployed to Ukraine.

Pentagon awards Raytheon and Lockheed $311Mln to replenish Javelin stocks.

The US Department of Defense announced on Thursday that the United States has given the Raytheon-Lockheed Martin Javelin Joint Venture a $311 million contract for 1,800 Javelin missiles to replenish stocks deployed to Ukraine.

“The Army awarded a production contract for $311 million on Sep. 13 to the Javelin Joint Venture (JJV) between Raytheon Missiles and Defense and Lockheed Martin for delivery of more than 1,800 Javelins that will serve as replenishment for those rounds from DoD stocks sent to Ukraine in support of their military and security forces,” the Department said in a press release.

The agreement also covers the Army's purchase and production of missiles for Jordan and Lithuania in FY22, according to the press statement.

A week ago, US Defense Secretary Lloyd Austin announced that US President Joe Biden had approved an extra $675 million weapons package for Ukraine.

Austin argued at the US base that "this contact group needs to position itself to sustain Ukraine's brave defenders for the long haul," adding, "That means a continued and determined flow of capability now."

Last month, the aerial unit of arms manufacturing conglomerate Lockheed Martin, Lockheed Martin Aeronautics, won a contract that would see its pockets grow more than $7.6 billion deeper, according to the Pentagon.

The deal is a US Navy modification contract, under which Lockheed Martin will produce 129 new F-35 Joint Strike Fighter jets, the US Department of Defense announced.

"Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a not-to-exceed $7,630,940,571... contract," the Defense Department said in a press release on Friday. "This modification increases the ceiling to procure 129 Lot 15 aircraft."

The order includes F-35A aircraft for the US Air Force; three F-35B aircraft and ten F-35C aircraft for the Marine Corps; 15 F-35C aircraft for the US Navy; 32 F-35A aircraft and four F-35B aircraft for non-Defense Department participants; and 16 F-35A aircraft for Foreign Military Sales customers, the release added.