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Lockheed Wins $71M For DARPA Missile Testing; Scott Callaway Comments

LockheedLogoLockheed Martin (NYSE: LMT) has won a $71 million modification contract from the Defense Advanced Research Project Agency to test anti-ship missiles from air- and surface-based platforms.

DARPA added an air-launched test to the two air-launched flight tests already scheduled for this year under the Long Range Anti-Ship Missile contract’s second phase, Lockheed said Tuesday.

The air-launched flight test will take place onboard a B-1B Lancer this year and two surface-launched LRASM flight tests are scheduled for 2014.

Scott Callaway, LRASM surface-launched program manager at Lockheed, said the company invested in shipboard integration with the goal of creating a new offensive anti-surface weapon that works on multiple platforms.

The company is investing internal research and development funds as it aims to integrate LRASM onto shipboards with a weapon control system and the MK 41 Vertical Launching System.

DARPA and the Office of Naval Research are overseeing the project.

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