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Tag Archives: low rate production

Lockheed Conducts Long-Range Endurance Tests on Fury UAS

TYSONS CORNER, VA, April 28, 2017 — Lockheed Martin (NYSE: LMT) has flown its Fury unmanned aircraft system over 12 hours as part of long-range endurance tests in preparation for low-rate production, ExecutiveBiz reported Thursday. The company said Wednesday the tests at its operating base in Yuma Proving Ground also involved Fury carrying nearly …

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Raytheon Wins $79M to Develop Army Rocket Interceptor

Raytheon Co. (NYSE: RTN) has won a $79.2 million U.S. Army contract to develop a system to detect and destroy incoming rockets, the company announced Monday. The Waltham, Mass.-based missile maker will develop the Accelerated Improved Intercept Initiative and demonstrate the system in 18 months. The company will begin low rate …

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