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U.S. Orders Approximately 4,300 JASSM-ER Cruise Missiles from Lockheed

The U.S. is placing an order for about 4,300 JASSM-ER cruise missiles from Lockheed. The deal is valued at roughly $6 billion to $7 billion, according to a report. The missiles are designed for long-range precision strikes and are used by the U.S. military.