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Lockheed Wins $47M Contract to Develop Unmanned Air Technologies for In-Theater Missions

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $47 million contract to develop autonomous technologies for unmanned air systems.

This technology will support in-theater unmanned cargo resupply missions.

Lockheed will team with Kaman Aerospace (NASDAQ: KAMN) for the work and deliver the technology using the K-MAX helicopter platform.

The Army’s aviation applied technology directorate is investing in mature technologies that will enhance unmanned cargo resupply capabilities by improving autonomous operations, increasing delivery accuracy and reducing ground control station operator workload.

“Lockheed Martin’s experience, resources and proven K-MAX platform will allow us to meet the Army’s objectives, ” said Dan Spoor, vice president of Aviation Systems at Lockheed Martin Mission Systems & Sensors. “We are eager to develop and demonstrate the latest autonomous technologies using the mature and low-risk K-MAX platform.”

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