Lockheed Wins Potential $928M Air Force IDIQ to Design, Build Hypersonic Strike Weapon

Lockheed Martin (NYSE: LMT) has won a potential $928 million contract to design, develop, integrate and test a hypersonic conventional strike weapon that can launch from bomber and fighter aircraft platforms.

The Air Force Life Cycle Management received three offers for the indefinite-delivery/indefinite-quantity contract that will also include engineering and logistics planning services, the Defense Department said Wednesday.

USAF will use fiscal 2018 research, development, test and evaluation funds on the first task order.

Lockheed’s space business will perform contract work in Huntsville, Alabama.

The service branch wants to adopt an HCSW system equipped with global positioning and inertial guidance systems and government-furnished warheads, according to a FedBizOpps summary.

HCSW will be designed to strike fixed and relocatable surface targets within an anti-access/area denial environment at hypersonic velocity.

You may also be interested in...

Young Bang, Chief Growth Officer for Atlas Research

Atlas Joins DMI-Led Air Force Enterprise Transformation Contract Team; Young Bang Quoted

Atlas Research is part of a Digital Mobilizations Inc.-led team that won a position on a five-year, $990M contract vehicle to help the U.S. Air Force implement and manage enterprise transformation initiatives.

HIMARS launcher

State Dept OKs $1.8B in HIMARS Launchers, Recce Pods, Missile Purchase Requests From Taiwan

The State Department has approved Taiwan’s request to buy high mobility artillery rocket system launchers, AGM-84H standoff land attack missile-expanded response systems, MS-110 recce pods and related equipment and services under three foreign military sales agreements worth approximately $1.8B combined.