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Lockheed Martin Wins $694 Million Air Force Hypersonic ARRW Contract

Securities.io | Oct 27, 2026 3:48 PM EDT

Lockheed Martin announced on October 27, 2026, that it has been awarded a $694 million contract from the U.S. Air Force for production of the Air-Launched Rapid Response Weapon (ARRW), and that it broke ground earlier that day on an expansion of its missile production facility in Troy, Alabama, where the weapon will be built. The Department of the Air Force said it awarded Lockheed Martin the $694 million contract, covering production and fielding of the AGM-183A ARRW, on September 29, 2026…

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