Author: Matthew Nelson|| Date Published: November 16, 2018
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential three-year, $172.1M contract to manufacture a second batch of Long-Range Anti-Ship Missiles.
Lockheed’s missiles and fire control business will build 50 lot 2 LRSMs for the military service at a contractor facility in Orlando, the Defense Departmentsaid Thursday.
The Pentagon expects the company to finish contract work by Dec. 31, 2021.
USAF awarded the company an $86M modification in July of last year for the production of 23 lot 1 missile systems.
LRASM works to help the service branch detect and counter sea-based threats through the system’s multimodal sensor package, weapon data link and updated digital anti-jam GPS technology.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
HawkEye 360, provider of space-based signals intelligence, has acquired Innovative Signal Analysis, a Dallas, Texas-based company manufacturing high-performance signal-processing technologies.…
