Lockheed Martin Signs Deal to Accelerate AIM-260 Production

08:57 AM EDT, 09/17/2026 (MT Newswires) -- Lockheed Martin (LMT) said Thursday that it has signed an agreement with the US Department of Defense to accelerate production and delivery of the AIM-260 Joint Advanced Tactical Missile. The agreement is intended to form the basis for a multiyear procurement contract, pending congressional approval, the company said. The AIM-260 is designed to provide greater range and effectiveness than existing air-to-air missiles and is compatible with Air Force and Navy aircraft including the F-22 and F-35, the company said.