Lockheed Wins $100.5M Air Force Contract for Laser-Guided Bomb Kits

Lockheed Martin (NYSE: LMT) has received a $131 million follow-on contract to continue to manufacture laser guided bomb kits for the U.S. Air Force. The company said Wednesday it will supply Paveway II Plus LGB kits for the ninth consecutive year to USAF and the contract includes funds meant to address the service branch’s foreign military

Lockheed Martin (NYSE: LMT) has been awarded an $87.6 million contract with the U.S. Air Force to produce additional Paveway II Plus laser guided bomb kits. The company said Monday it will supply guidance and tail assemblies for GBU-10 and GBU-12 LGB configurations under the follow-on contract. Joe Serra, director of precision guided systems at Lockheed’s missiles and

Lockheed Martin (NYSE: LMT) has been awarded a $76 million contract to continue the supply of laser-guided bomb kits for the U.S. Air Force. Lockheed will extend production of Paveway II Plus kits and manufacture the guidance and tail assemblies for GBU-10 and GBU-12 LGBs, the company said Wednesday. The products are scheduled for delivery