Eyeing the Pacific, Lockheed unveils low-cost US$150,000 cruise missile

By South China Morning Post | Created at 2025-03-03 20:06:22 | Updated at 2025-03-03 23:45:03 3 hours ago

Lockheed Martin plans to unveil a new “affordable” cruise missile on Monday with a cost of about US$150,000 and a range of over 500 miles (800 km) as the defence contractor works to tap a US need to deter Chinese ambitions in the Pacific.

Russia’s invasion of Ukraine has pushed US and other countries’ thinking about armaments towards a new strategy known as “affordable mass”, meaning having plenty of relatively cheap weapons at the ready.

The Common Multi-Mission Truck (CMMT) missile concept is a new product that aims to develop a family of low-cost modular weapons from Lockheed and its partners’ existing catalog of components.

The CMMT missile is designed to fill a gap between lower-cost standoff glide weapons and more expensive cruise missiles said Scott Callaway, director of Affordable Mass, Lockheed Martin Missiles and Fire Control, in a recent interview with Reuters.

If the Pentagon decides to buy the new offering, Callaway said Lockheed could make 2,500 a year - once a production line was running.

CMMT is “a subsonic, low-cost, long-range cruise missile”, Callaway said. Its low-cost turbine engines cannot, however, compete with cruise missiles such as Lockheed’s AGM-158 Joint Air-to-Surface Standoff Missile.

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