Lockheed and Raytheon Win $475M Air Force Laser-Guided Bomb Contract

The U.S. Air Force has awarded Lockheed Martin Corp. (NYSE: LMT) and Raytheon‘s (NYSE: RTN) missile systems business a $475 million firm-fixed-price contract for laser-guided bomb seekers and tail kits.

The companies will provide Paveway II computer control groups and GBU-12 air foil groups.

The Ogden Air Logistics Center/GHGKA, Hill Air Force Base, Utah, is the contracting activity.

Check Also


LMI Joins DoD-Sponsored MxD Manufacturing Research Institute

LMI has become a member of a Department of Defense-funded national institute that aims to equip domestic manufacturers with digital tools and approaches to address military technology manufacturing challenges.

Lockheed Martin

Lockheed Books Potential $88M F-35 Logistics Network Modernization IDIQ

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential two-year, $87.5M contract to help transition a worldwide logistics information system for F-35 aircraft into a cloud-based integrated network.