Lockheed details AIM-260 program and a framework to scale production.

Lockheed Martin publicly discussed the AIM-260 Joint Advanced Tactical Missile and a new framework agreement with the U.S. Defense Department to increase production. Reuters reported that the air-to-air weapon is intended for aircraft including the F-22 and F-35, while range, unit price and most specifications remain classified.

The framework lays groundwork for a multi-year procurement contract, with Lockheed funding investments needed to raise output. Australia has announced a purchase worth roughly $521 million, but the quantity was not disclosed.