Missile Technology

The Department of Defense has awarded Raytheon a multiyear contract worth up to **$20.7 billion** for producing Advanced Medium-Range Air-to-Air Missiles (AMRAAMs). This contract is pivotal for maintaining defense capabilities and may offer subcontracting opportunities to suppliers in the industry.

The U.S. Army has awarded Lockheed Martin a $1.2 billion IDIQ contract for the Precision Strike Missile's Increment 2. This contract signifies a key transition from testing to production, boosting the Army's long-range precision capabilities and creating opportunities for contractors in the defense space.

The U.S. Army has awarded Lockheed Martin a significant $1.2 billion contract for the Precision Strike Missile (PrSM) Increment 2 program. This award not only enhances the Army's missile capabilities but also indicates ongoing strategic investments in advanced munitions to address current operational needs.

The U.S. Army is accelerating the development of the Precision Strike Missile (PrSM) Increment 2 program to swiftly enhance its capabilities against moving maritime targets. This initiative under the Middle Tier of Acquisition aims to significantly shorten development timelines and provide combat-ready assets more quickly to the warfighter.

The Swedish Air Force marked a pivotal advancement with the live launch of the TAURUS KEPD 350 missile, enhancing long-range strike capabilities to over 500 kilometers. This development aligns with Sweden's NATO membership and indicates rising procurement activities for advanced missile systems and integration with existing platforms.

The U.S. Army is expanding its hypersonic weapons procurement efforts by engaging with emerging suppliers like Anduril and Castelion. This approach aims to enhance production capabilities and diversify missile inventory, which will create significant contracting opportunities for vendors in this critical area.

The U.S. Navy is seeking industry capabilities to produce up to 600 Advanced Emission Suppression Missiles (AESM) annually. This initiative addresses urgent operational needs amidst delays in existing missile programs, offering opportunities for defense contractors specializing in missile technology.

The Department of Defense has awarded **Raytheon Company** a **$55 million** contract for prototype development that focuses on integrating legacy defense systems with new technologies. This procurement signals ongoing opportunities for contractors in missile and advanced defense system innovations as the DoD continues to invest heavily in modernization.

The U.S. Army has issued a Request for Information (RFI) for the NGSRI missile system, aiming to boost defense capabilities with funding of **$461 million** in FY 2027. This is a crucial opportunity for defense contractors to align with modern air defense needs and prepare for significant multi-year manufacturing contracts.

The U.S. Army is set to enhance long-range strike capabilities in FY2027 by procuring 1,134 Precision Strike Missiles (PrSM) and more HIMARS launchers, with a budget allocation of nearly **$2 billion**. This strategic move emphasizes modernization efforts, potentially benefiting defense contractors and companies in missile production and logistics.

Germany has awarded Kongsberg a **NOK 3.5 billion** contract for **Joint Strike Missiles** destined for its **F-35** aircraft. This acquisition enhances Germany's air combat readiness and strengthens NATO interoperability, indicating a growing trend in European defense modernization amid rising security concerns.

The U.S. Department of War has initiated a significant missile production effort under the GHOST program with CoAspire as the prime contractor. This project aims to produce approximately 10,000 affordable cruise missiles by 2029, enhancing the military's long-range strike capabilities and creating potential procurement opportunities for defense contractors.

The U.S. Department of Defense has secured framework agreements with major contractors to enhance missile capabilities through the Low-Cost Containerized Missiles (LCCM) program. This initiative aims to produce over 10,000 missiles by 2029, presenting substantial procurement opportunities for defense suppliers.

The U.S. Navy has awarded **Castelion** a **$105 million** contract to develop its **Blackbeard hypersonic missile system** for the **F/A-18** fleet. This investment reflects the Department of Defense's commitment to advancing hypersonic technologies, enhancing the Navy's combat capabilities and operational readiness.