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Pentagon Announces Multiyear Deals to Buy Thousands of Affordable Cruise Missiles

July 15, 2026 | By Todd South
The Pentagon announced framework agreements for new multiyear deals with three companies to mass-produce more affordable, less exquisite air-to-ground missiles for the Air Force, part of a larger strategy to bring cheaper firepower to a future fight.

New Pentagon Missile Program Could Pair with Air Force’s Affordable Munitions Push

May 13, 2026 | By Todd South
The Pentagon announced new long-term agreements with four defense companies May 13 to develop and produce large numbers of low-cost cruise missiles. And while the effort will focus mostly on the Army to start, it pairs with Air Force efforts to find more affordable munitions.

Air Force’s 5-Year Plan: $12B to Buy Nearly 28,000 Cheap Cruise Missiles

April 29, 2026 | By Todd South
The Air Force wants to pump more than $12 billion over the next five years into its new affordable long-range missiles program and recently asked industry to push the flights of some of those munitions beyond 1,200 miles.

F-16 Tests ‘Rusty Dagger’ Extended-Range Missile

April 20, 2026 | By Todd South
The Air Force recently tested the Rusty Dagger, a low-cost cruise missile, with the F-16, one of several industry offerings in the Pentagon's larger effort to field affordable weapons.

Air Force Awards Contract to Develop Small, Disposable Engines for Missiles and Drones

April 9, 2026 | By Todd South
The Air Force has awarded a $29.7 million contract to engine startup Beehive Industries to complete work on a new disposable jet engine meant to power drones and munitions. The contract is just the latest step in the service’s effort to massively scale up production ...

Air Force Going Fast to Develop ‘New Class’ of Low-Cost Munitions

March 24, 2026 | By Todd South
New approaches to acquisition, faster testing, and lessons from combat are shrinking the Air Force’s timelines for fielding low-cost munitions from years to months, a top Air Force weapons official told the Senate Armed Services Committee on March 24.

Air Force Set to Evaluate New Industry Offerings for Low-Cost Missiles

Nov. 17, 2025 | By Matthew Cox
The Air Force is poised to begin evaluating a new class of low-cost missiles needed to defeat the rapid growth of aerial threats it’s likely to face in the next conflict.

Lockheed Reveals Second Low-Cost Cruise Missile ‘Truck’ and Successful Flight Tests  

July 16, 2025 | By John A. Tirpak
Lockheed Martin has revealed a second version of its Common Multi-Mission Truck vehicle, and both types have recently been tested successfully, the company said.

Latest News

Space Force Chief Nominee: China Going ‘Breathtakingly Fast’ with Space Weapons

Space Development Agency Launches 21 Data Transport Satellites on SpaceX Rocket

Wilsbach Touts Allied Airpower: ‘Effects No Nation Can Generate Independently’

F-16 Pilot Awarded Distinguished Flying Cross for Dodging Houthi Missiles

AMC Gains Momentum in Push to Equip Tankers with Better Connectivity

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Air & Space Forces Magazine is the official publication of the Air & Space Forces Association, 1201 S. Joyce St., C6 / Second Fl., Arlington, Va., 22202. Copyright 2026

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