A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The U.S. Air Force recently awarded Lockheed Martin a sole-source $3.2 billion firm-fixed-price, undefinitized contract for procurement of AGM-158B Joint Air-to-Surface Standoff (JASSM) missiles and AGM-158C Long-Range Anti-Ship Missiles (LRASM). …
Lockheed Martin Awarded $3.2 Billion USAF Missile Contract Read More
The war in Ukraine has had a significant impact on U.S. munitions stockpiles, and lawmakers are taking action to make it easier for the Pentagon to replenish those munitions. Washington …
Congress Gives Go-Ahead for Multiyear Munitions Buys Read More
Congress has repealed a requirement for the U.S. Air Force to develop a conventional variant of the Long-Range Standoff (LRSO) air-launched cruise missile. A nuclear LRSO is currently under development …
Congress Repeals Requirement for Conventional Long-Range Standoff Weapon Read More
The Air Force’s FY20 budget request totals $204.8 billion, reflecting a 5.4 percent increase over the $194.3 billion provided for the service in FY19. However, it is important to remember …
FY20 Budget Overview, Part 3: Air Force Programs Read More
by Larry Dickerson, Missile Systems Analyst, Forecast International. The Lockheed Martin precision-guided Joint Air-to-Surface Missile (JASSM) made its official combat debut in 2018 during an attack on Syrian chemical warfare …
Lockheed Martin Sees Considerable Export Potential for JASSM Series Read More