Lockheed Martin (NYSE: LMT) has won a $71 million modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause. Not issued without contractor consent. contract from the Defense Advanced Research Project Agency to test anti-ship missiles from air- and surface-based platforms.
DARPA added an air-launched test to the two air-launched flight tests already scheduled for this year under the Long Range Anti-Ship Missile contract’s second phase, Lockheed said Tuesday.
The air-launched flight test will take place onboard a B-1B Lancer this year and two surface-launched LRASM flight tests are scheduled for 2014.
Scott Callaway, LRASM surface-launched program manager at Lockheed, said the company invested in shipboard integration with the goal of creating a new offensive anti-surface weapon that works on multiple platforms.
The company is investing internal research and development funds as itInformation Technology aims to integrate LRASM onto shipboards with a weapon control system and the MK 41 Vertical Launching System.
DARPA and the Office of Naval Research are overseeing the project.