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.
Former NASA executive Dan Tenney has been selected to succeed Michael Williamson as senior vice president of global business development and strategy at Lockheed…
bachelor’s”Brandy Durham has taken on new responsibilities as chief data and artificial intelligence officer at ManTech. The Herndon, Virginia-based company…