Lockheed Martin, a leading aerospace and defense company, has secured a two-year, $23.8 million contract with Aerojet Rocketdyne for the production and supply of propulsion systems for Javelin anti-tank missiles. This deal comes at a time when Lockheed Martin has expressed concerns about a potential deal between L3Harris and Aerojet Rocketdyne.
Aerojet Rocketdyne has been a trusted engine supplier for Lockheed Martin since the 2000s. Over the years, they have provided power plants for more than 50,000 anti-tank missiles. Eileen Drake, the President and CEO of Aerojet Rocketdyne, highlighted the company’s long-standing partnership with Lockheed Martin and their commitment to delivering high-quality propulsion systems.
The contract between Lockheed Martin and Aerojet Rocketdyne is significant, considering the recent decision by US authorities to ramp up the production of Javelin missiles. In late spring, Lockheed Martin, along with Raytheon, was awarded a massive $7.2 billion contract to supply anti-tank missiles to the US Department of Defense.
Lockheed Martin’s concerns about the potential deal between L3Harris and Aerojet Rocketdyne may have been alleviated with this contract. The company can now rest assured that they will continue to receive power plants for Javelin engines for the next two years.
This contract not only strengthens the partnership between Lockheed Martin and Aerojet Rocketdyne but also reinforces their commitment to supporting the US Department of Defense’s efforts to enhance its anti-tank missile capabilities.
Source: Aerojet Rocketdyne
What role does Aerojet Rocketdyne play in supplying propulsion systems to Lockheed Martin for anti-tank missiles, and how does this partnership contribute to the US Department of Defense’s efforts
Lockheed Martin, a renowned aerospace and defense company, has recently secured a lucrative contract with Aerojet Rocketdyne. This two-year, $23.8 million deal will see Aerojet Rocketdyne producing and supplying propulsion systems for Javelin anti-tank missiles.
Aerojet Rocketdyne has been a trusted engine supplier for Lockheed Martin since the 2000s, playing a crucial role in providing power plants for more than 50,000 anti-tank missiles. Eileen Drake, the President and CEO of Aerojet Rocketdyne, emphasized the strong and longstanding partnership between the two companies, focusing on their commitment to delivering top-notch propulsion systems.
This contract holds immense significance in light of the US government’s recent decision to increase the production of Javelin missiles. In fact, Lockheed Martin and Raytheon were awarded a whopping $7.2 billion contract to supply anti-tank missiles to the US Department of Defense just a few months ago.
Lockheed Martin’s concerns about the potential deal between L3Harris and Aerojet Rocketdyne may have been eased now that they have secured this contract. They can rest assured knowing that they will continue to receive high-quality power plants for Javelin engines over the next two years.
Not only does this contract strengthen the partnership between Lockheed Martin and Aerojet Rocketdyne, but it also reinforces their commitment to supporting the efforts of the US Department of Defense in enhancing its anti-tank missile capabilities.
Source: Aerojet Rocketdyne
Lockheed Martin’s partnership with Aerojet Rocketdyne to upgrade Javelin Anti-Tank Missile propulsion systems is a promising move towards enhancing military capabilities. This two-year, $23.8 million deal signifies the commitment to modernize defense technologies and support security forces worldwide. Exciting times ahead!