Lockheed Awarded $167M Air Force Contract for Long-Range Anti-Ship Missiles

Lockheed Martin (NYSE: LMT) has received a three-year, $167.5M contract to supply long-range anti-ship missile systems to the U.S. Air Force.

The company’s missiles and fire control systems unit will provide 48 LRASMs along with tooling and test equipment through the sole-source contract, the Department of Defense said Tuesday.

The branch will obligate the full contract amount at the time of award from fiscal 2019 funds allotted for USAF missile and Navy weapon procurement.

DoD expects work to be complete by April 6, 2023.

Sponsor

×

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

Email Address *

First Name *

Last Name

Position

Company

Related Articles

Dynanet Appoints Anthony Kirilusha as Chief Scientific Officer

Dynanet has appointed Anthony “Tony” Kirilusha, a federal health research and data science leader, as chief scientific officer. The latest…

Radiance Technologies Secures $150M DLA Contract to Modernize Reagan Test Range

Radiance Technologies has secured a cost-plus-fixed-fee contract valued at $149.7 million from the Defense Logistics Agency to upgrade and modernize…

Navy Seeks Industry Input on Naval Enterprise Networks Engineering Support

The Department of the Navy is seeking industry input on services supporting the In-Service Engineering Activity Naval Enterprise Networks, or ISEA…

Signals Intelligence Firm HawkEye 360 Files for IPO

HawkEye 360 has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of…

Is Offensive Cyber the Future of Government Security?

As cyber threats grow more sophisticated and federal policy shifts toward a more aggressive posture, government and industry leaders are…

Air Force Awards $200M IDIQ for Aerospace R&D to Six Contractors

The Air Force Research Laboratory, or AFRL, has awarded six companies positions on a $200 million contract to conduct research and…

SAIC Names Paul Eremenko, Michael Rogers to Board

SAIC has appointed Paul Eremenko, an artificial intelligence expert, and Michael Rogers, a retired U.S. Navy admiral and a three-time…

Navy Posts RFP for TCTS II, P6CTS Combat Training Support

The U.S. Navy is soliciting proposals for supplies and services to support the Tactical Combat Training System Increment II, and…

CACI Lands $287M Army Contract to Support IPPS-A Modernization

CACI International has secured a potential seven-year, $287 million contract from the U.S. Army to continue modernizing the military branch’s…

Robert Smith Joins AeroVironment as Executive VP, Chief Operating Officer

AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores…

Lentech Names Mike Majarov Chief Innovation, IT Officer to Drive AI, Cloud Growth

Lentech has appointed longtime executive Mike Majarov as chief innovation and information technology officer, signaling a push to scale its…

GreyNoise Launches C2 Detection to Expand Visibility Into Edge Network Threats

GreyNoise Intelligence has launched Command and Control Detection, a new intelligence module designed to identify active cyber compromises using outbound…

You’ve already read all related articles.

Executive Interviews