The Defense Advanced Research Projects Agency (DARPA) awarded the first contract under the Long Range Anti-Ship Missile (LRASM) program to Lockheed Martin. Lockheed Martin Corp will receive $10 million for the initial nine-month phase of the missile demonstration project, and an additional award is expected. The joint DARPA/U.S. Navy LRASM program will provide Navy surface forces with leap-ahead anti-surface warfare capability to engage critical targets at extended ranges. The LRASM concept is consistent with DARPA’s mission to prevent technological surprise and designed to reduce dependence on precision intelligence, surveillance and reconnaissance, data links, and GPS by demonstrating advanced onboard sensing and processing capabilities.
Progeny Systems has received a potential eight-year, $93.2M contract to engineer systems for the U.S. and Australian navies. Australia's navy will provide $1.2M in initial funds on the contract and the U.S. Navy will obligate $709,443 at the time of award.
Raytheon (NYSE: RTN) has landed a two-year, $191M contract modification to continue producing a command and control communications system for the U.S. Air Force's nuclear-armed bomber fleet.