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Lockheed to Produce Laser-Guided Training Rounds for US Navy; Joe Serra Comments


lockheed martinLockheed Martin Corp. (NYSE: LMT) has been awarded a $24.2 million contract to supply laser-guided training rounds to the U.S. Navy for training operations on how to use laser-guided bombs.

Joe Serra, precision guided systems manager at Lockheed Martin, said Monday U.S. and allied warfighters use the training system to “maintain combat readiness against challenging operational target engagements.”

The technology displays similar data that pilots would see in actual operations, according to Lockheed.

Lockheed will also work to produce related technical data and repair U.S. government shipping containers.

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