Lockheed in deal with Alabama to support Pike County facility
TL;DR
Lockheed Martin secured a $9.5 billion contract to boost production of JASSM and LRASM missiles at its Alabama facility, enhancing long-range precision weapons for U.S. and allied forces amid rising defense demands.
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Lockheed Martin has secured a $9.5 billion contract to enhance production of the AGM-158B JASSM and AGM-158C LRASM missiles at its Pike County facility in Troy, Alabama, supporting expanded deliveries of these long-range precision weapons to U.S. and allied forces. The contract underscores growing demand for standoff capabilities amid evolving defense priorities. Both systems are designed to operate beyond the reach of advanced air defense systems, with JASSM targeting land-based assets and LRASM focusing on maritime threats.
The Troy plant, operational since 1994, has undergone significant modernization, including a 225,000-square-foot "intelligent factory" featuring automated assembly and digital forecasting to accelerate production. The facility now spans 4,000 acres, employs approximately 750 workers, and has received prior investments such as a $65 million expansion in 2014 and a workforce training center in 2017.
This award follows recent contracts totaling $3.329 billion in 2024 for tooling, testing, and precision strike weapon deliveries. Cumulative investments highlight Lockheed's focus on scaling production while maintaining cost efficiency. The company emphasizes that increased output aligns with national security needs, though financial outcomes will depend on operational efficiency and fulfillment of projected delivery schedules.
Yellowhammer News, March 2026: Yellowhammer News, March 2026.
