Lockheed Tapped for Increased Hellfire Missile Production Under $80M Army Deal

TYSONS CORNER, VA, Feb. 1, 2018 — A Lockheed Martin (NYSE: LMT) business unit will build on its production of the AGM-114 Hellfire missiles for the U.S. Army under an $80.2 million contract modification, ExecutiveBiz reported Wednesday.

The Defense Department said Tuesday Lockheed Martin Missiles and Fire Control will be tasked to set up the production line, hire suppliers and procure tools and test equipment to reach the targeted 11,000 Hellfire missiles produced per year.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

David Smith
(703) 226-7002

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