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US Army secures $1.3B contract with Javelin Joint Venture for missile production
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US Army secures $1.3B contract with Javelin Joint Venture for missile production
by Clarence Oxford
Los Angeles CA (SPX) Sep 01, 2024

The U.S. Army has awarded the Javelin Joint Venture (JJV) a significant follow-on contract for fiscal year 2024, valued at $1.3 billion. This contract, which includes the production of Javelin missiles along with related equipment and services, marks the largest single-year Javelin production contract in history. It is the first follow-on award under the indefinite-delivery, indefinite-quantity (IDIQ) production contract initiated in May 2023.

This agreement will support the procurement of Javelin weapon systems and provide production support for the U.S. Army. The JJV had already begun ramping up its production capabilities last year, with a goal to increase the Javelin All Up Round (AUR) production to 3,960 units annually by late 2026.

"Now more than ever, Javelin is recognized as the most effective, combat-proven anti-armor weapon system in the world," said Andy Amaro, JJV president and Javelin program director at Raytheon, an RTX business. "Through this contract, we will continue to produce and deliver this needed capability to support global ground forces in their efforts to protect and defend their interests and sovereignty."

The contract is also poised to meet the growing global demand for the Javelin system, which now includes more than 25 international customers, with Kosovo being a new addition. Additionally, the contract includes the production of over 4,000 Javelins to replenish stock sent to Ukraine.

"With the increased demand for Javelin worldwide, our ability to ramp production to support our Army customer and global users is more important now than ever," added Dave Pantano, JJV vice president and Lockheed Martin Javelin program director. "This production contract demonstrates how Javelin's mission-focused capabilities are helping to keep customers Ahead of Ready and defend against threats worldwide."

Javelin is jointly developed and produced by Raytheon in Tucson, Arizona, and Lockheed Martin in Orlando, Florida. To date, the Javelin Joint Venture has produced more than 50,000 Javelin missiles and over 12,000 reusable Command Launch Units.

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