U.S. and Netherlands Sign Agreement

U.S. and Netherlands officials formalized a Letter of Offer and Acceptance (LoA) agreement to purchase Lockheed Martin’s (NYSE: LMT) Joint Air-to-Surface Standoff Missile Extended Range (JASSM-ER). With this agreement, the Netherlands becomes JASSM’s fifth international customer.

“We’re honoured to partner with the U.S. Government to provide the Netherlands Armed Forces with the combat-proven and mission-effective weapon system to meet their ever-evolving strategic defence needs,” said Scott Redmerski, JASSM program director at Lockheed Martin Missiles and Fire Control.

The latest generation of JASSM-ER includes enhancements to hardware and software, providing increased capabilities and more flexible options to match the warfighter’s evolving mission sets.

JASSM has experienced over 20 years of successful partnership with the U.S. Air Force, providing continued significant long-range, precision engagement capabilities for air-to-ground missions. The combat-proven and mission-effective weapon system is designed to destroy high-value, well-defended targets from significant standoff range, keeping aircrews well out of danger from hostile air defence systems without compromising lethality or reach.