Pentagon Seeks $2 Billion Boost for Secretive Lockheed Missile

Lockheed Martin Corp.’s new AIM-260 air-to-air missile program received a $2 billion boost in the Trump administration’s proposed budget, a sign the classified weapon could see accelerated production and be deployed soon.

Budget documents released Friday show the Air Force and the Navy are seeking $2.9 billion for the as-yet-unfielded missile in 2027 compared to just $894 million this fiscal year. The documents, which detail parts of an unprecedented $1.5 trillion budget request, don’t say what gave the services confidence to boost production that only started in the last year.

When it’s finally deployed, the projectile will become the ...