Summary
- The U.S. Army awarded Lockheed Martin and Raytheon a $1.3 billion contract to produce Javelin antitank weapons.
- The contract is the largest single-year deal in program history and includes production of 4,000 Javelins to replenish Ukraine’s supply.
- Demand for Javelin worldwide is increasing due to its effectiveness in Ukraine against Russian armor.
- The joint venture has received orders from new international customers since the start of the conflict in Ukraine.