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Market Signal: Missile Industrial Base

JASSM and LRASM production could triple.

Published August 7, 2026 / JASSM and LRASM production ramp

For some supplier sites, the missile family already accounts for most of their defense subcontract work.

The Air Force is preparing to increase combined JASSM and LRASM production from roughly 1,100 to as many as 3,300 missiles a year.

An amended acquisition notice supports up to 16,450 missiles over the next five to seven years.

The proposed production ramp

Reported capacity
~1,100
missiles per year
Potential capacity
Up to ~3,300
missiles per year
Amended notice
16,450
missiles
over 5-7 years

The ramp runs through 277 tier-one supplier sites

Selected Mimir-mapped suppliers beneath JASSM and LRASM, FY2021-FY2025

Lockheed Martin is the prime contractor, with our FY21-FY25 data identifying 277 distinct tier-one supplier sites beneath the two missile families.

Propulsion

Williams International

RF sensors

BAE Systems

Warheads

Wyman-Gordon

General Dynamics OTS

Composites

Nammo Composite Solutions

Albany International

Navigation

Honeywell

Energetics

Chemring Energetic Devices

At four contracting sites, most observed defense subcontract work was associated with JASSM / LRASM

Share of observed defense subcontract value at each contracting site, FY2021-FY2025

Several of these supplier sites are materially tied to the program. At the relevant Williams International, Wyman-Gordon, Nammo Composite Solutions and Chemring Energetic Devices sites, more than 80% of the FY21-FY25 defense subcontract value captured in our published analysis was associated with JASSM/LRASM.

Williams International
Pontiac, MI / CAGE 24235
~85%
Wyman-Gordon Forgings
Houston, TX / CAGE 3A7Z0
~99%
Nammo Composite Solutions
Salt Lake City, UT / CAGE 15FG9
~83%
Chemring Energetic Devices
Downers Grove, IL / CAGE 93455
~80%
Capacity implication

Tripling production therefore requires more than additional final assembly at Lockheed Martin. It requires suppliers across propulsion, sensors, warheads, composites, navigation and energetics to increase throughput ahead of and alongside final assembly. For sites already heavily exposed to JASSM/LRASM, that would represent a material increase in scale.

Sources

U.S. Air Force, SAM.gov, USASpending, FPDS, DoD reports, company disclosures, Mimir Data Platform and Modeling.

Mimir analysis of first-tier defense subcontract reports, FY2021-FY2025. The 277-site program count was revalidated under Reported subcontract value v3. Site-exposure percentages are rounded point-in-time estimates from the published analysis and may differ from the current platform as source reports are revised.