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Event Brief

Pentagon, Lockheed to expand AIM-260 missile production

Filed: Sep 18, 2026 at 12:00 PM ET
Summary: The Pentagon announced a framework deal with Lockheed Martin on Sept. 17 to expand production of the AIM-260 Joint Advanced Tactical Missile. The agreement is intended to provide Lockheed a long-term demand signal and establish the basis for future multiyear procurement of the JATM for Air Force and Navy fifth- and sixth-generation fighters.
WHO: U.S. Pentagon and Lockheed Martin
WHAT: Pentagon and Lockheed Martin agreed to expand production of the AIM-260 Joint Advanced Tactical Missile and set a framework for future multiyear procurement.
WHEN: Sep 17, 2026
WHERE: USA
WHY: The Pentagon said the framework is meant to provide a long-term demand signal and establish the basis for future multiyear procurement of JATM.

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