Author: Mary-Louise Hoffman|| Date Published: July 26, 2017
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats.
Lockheed’s missiles and fire control business will manufacture 23 Long-Range Anti-Ship Missiles at a company facility in Orlando, Florida, the Defense Departmentsaid Tuesday.
The company was awarded a $321.8 million sole-source contract in May last year to support the flight test and integration of LRASM technology onto the Air Force’s B-1B bomber and the U.S. Navy‘s F/A-18E/F fighter aircraft.
Work under the modification is scheduled to finish Sept. 29, 2019.
Melissa Bischoping, senior director of security and product design research at Tanium, said adopting agentic artificial intelligence and other autonomous…
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats.
