Lockheed Martin has landed a hefty $9.5 billion contract aimed at ramping up the production of two of the U.S. military’s cutting-edge long-range missiles.

The contract focuses on boosting the production and delivery of the Joint Air-to-Surface Standoff Missile (JASSM) and the AGM-158C Long Range Anti-Ship Missile (LRASM). Both weapons are precision-guided and meant to strike targets from significant distances, which lets the U.S. military stay outside the range of advanced air defense systems.

Lockheed Martin’s facility in Troy is vital for the manufacturing of these systems. The company has poured resources into expanding and modernizing this site over recent years. Notably, they have introduced a sizable “intelligent factory,” which includes automated assembly processes and a fully robotic paint line to ensure quicker delivery timelines.

“Scaling up JASSM and LRASM production is crucial for the security of America and its allies, and Lockheed Martin is prepared to respond,” commented Dave Berganini, the Vice President of Hypersonic and Strike Systems at Lockheed Martin Missiles and Fire Control. “We’re using our advanced manufacturing facilities to deliver these essential systems swiftly and cost-effectively.”

The Troy plant was established in 1994 and has developed into one of Lockheed’s primary missile production sites. It covers about 4,000 acres and consists of 52 buildings. Currently, the site employs around 750 people and has undergone multiple expansion efforts over the last decade. This includes a $65 million investment in 2014 and the launch of a Workforce Training Center in 2017 in partnership with AIDT.

This new contract comes on the heels of prior agreements aimed at boosting missile production. Back in August 2024, Lockheed Martin obtained a $129 million contract for tools and testing equipment. Then, the next month, they secured an additional $3.2 billion to enhance the delivery of long-range precision strike weapons to U.S. and allied forces.

The JASSM, utilized by the U.S. Air Force, is designed for attacking heavily fortified targets from afar, without requiring aircraft to enter hostile airspace. On the other hand, LRASM, used by both the Air Force and Navy, is tailored to target marine surface threats in heavily defended areas, enabling strikes from outside the reach of counterfire systems.