Wednesday, October 14, 2020

Lockheed Martin awarded $84M for upgrade missiles designed to be launched from aircraft

Lockheed Martin Corp, the Pentagon’s No. 1 weapons supplier, has won a contract valued more as $84 million to upgrade guided missiles designed to be carried and launched by military aircraft and helicopters.

The U.S. Department of Defense said Thursday that Lockheed Martin is awarded an $84,1 million cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract to perform design and development studies, technology demonstrations and engineering services for rapid technology development for the Joint Air-to-Surface Standoff Missile, Long Range Anti-Ship Missile, Joint Air-to-Ground Missile and Hellfire baseline weapon systems.

According to terms of the contract, work will be performed in Orlando, Florida, and is expected to be completed in March 2024.

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The Naval Air Warfare Center Weapons Division, China Lake, California, is the contracting activity (N68936-19-D-0020).

The U.S. Navy looking at follow-on capabilities for the guided missiles, given rapid technology development by potential adversaries, and ensuring that the infrastructure was in place to allow such upgrades.

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Executive Editor

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