Lockheed Martin Awarded $702.9 Million for Hellfire Missiles

Lockheed Martin was awarded a $702.88 million contract modification by the U.S. Army Contracting Command (ACC) at Redstone Arsenal, Alabama for procurement of Hellfire missiles.

Work locations and funding will be determined with each order, with an estimated completion date of Sept. 30, 2023.

Fiscal 2010, 2011, 2018, 2019 and 2020 other procurement (Army) funds were obligated at the time of the award.

The AGM-114 Hellfire is an air-to-surface missile (ASM) first developed for anti-armor use, but later models were developed for precision drone strikes against other target types.

The missile has multi-mission, multi-target precision-strike ability, and can be launched from multiple air, sea, and ground platforms, including the Predator drone. Most variants are laser guided with one, AGM-114L “Longbow Hellfire”, being radar-guided.

The Hellfire missile is the primary 100-pound (45 kg) class air-to-ground precision weapon for the armed forces of the United States and many other nations.