Air Force, Navy Seek $1 Billion To Buy Secret Lockheed Missile 

A model of a Lockheed Martin Corp. missile.Photographer: Dhiraj Singh/Bloomberg

Months after Pakistan used a Chinese-made ultra-long-range missile to shoot down Indian fighters, US Air Force and Navy funding requests show they may soon get their own advanced weapon after eight years of development: the Lockheed Martin Corp. AIM-260.

The service branches have asked for nearly $1 billion for the 2026 fiscal year, which starts Oct. 1, to begin producing the classified system, according to budget documents and a service statement.