Author: Jane Edwards|| Date Published: March 28, 2023
The U.S. Army has selectedLockheed Martin (NYSE: LMT) and a team of Raytheon Technologies (NYSE: RTX) and Northrop Grumman (NYSE: NOC) to further develop their extended-range missile designs and propulsion systems for the Long Range Maneuverable Fires program.
Raytheon and Northrop said Monday their team will co-design, produce and test the propulsion subsystem for their missile platform, DeepStrike-ER, under the service branch’s LRMF program.
The LRMF program is expected to extend the range of precision strike missiles that could be fired from Army launchers to counter distant threats and help advance the development of PrSM Increment 4.
Lockheed said it will use key technologies and integrate new design elements to address endurance and size challenges and conduct design and risk reduction work under the program’s initial phase.
The company noted that after flight tests, the LRMF program will move to the military branch’s Strategic and Operational Rockets and Missiles project office to inform the design of PrSM Increment 4.
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