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Lockheed Books Deal with Air Force

Lockheed Martin (NYSE: LMT) won a contract worth $34.5 million to provide paveway II Plus Laser Guided Bomb GBU-12 kits to the Air Force.

The kits increase weapon accuracy and reduce risk to troops compared to legacy products.

“Lockheed Martin proven paveway II Plus LGB provides warfighters a reliable precision capability to help them achieve their mission in today’s complex battlefield environments, ” said Joe Serra, senior manager for Precision Guided Systems at Lockheed Martin Missiles and Fire Control.  “This latest contract will provide for delivery of the first full-rate production quantities of the improved paveway II Plus LGB, a major milestone on the program.”

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