Lockheed Martin Receives $449M In Contracts For JASSM Production

;Lockheed Martin (NYSE: LMT ) received two production contracts on Dec. 19 totaling $449 million from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM) and the Extended Range (ER) variant. The Lot 11 and Lot 12 contracts include production of 340 baseline missiles