Lockheed Martin [NYSE: LMT] received a $64 million contract from the U.S. Army to extend the Joint Air-to-Ground Missile (JAGM) Technology Development program.
The 27-month extended Technology Development program will include design, test and demonstration phases for the JAGM guidance section. The JAGM guidance section includes the seeker, dome and housing.
â€œLockheed Martinâ€™s JAGM guidance section draws upon a legacy of trusted precision-guided weapons on the battlefield today including HELLFIRE, LONGBOW and Javelin,â€ said Frank St. John, vice president of tactical missiles and combat maneuver systems in Lockheed Martinâ€™s Missiles and Fire Control business. â€œOur proposed JAGM weapon system can provide significant performance advantages to help meet warfighter needs and save lives.â€
Lockheed Martin has already successfully designed, tested and fielded missiles with both JAGM seeker modes; the precision-strike semi-active laser on HELLFIREÂ®and the all-weather fire-and-forget millimeter wave on LONGBOW.
Lockheed Martinâ€™s JAGM design offers warfighters operational flexibility and combat effectiveness and survivability with a single, low-cost advanced missile.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation’s net sales for 2011 were $46.5 billion.
- SAFE delivers AH64 cowling racks to US Army Fort Hood
- Boeing Delivers 2,500th AH-64 Apache
- Jolly Green II, Apache fly together in joint test
- Philippine attack helicopter purchase descends into deadlock
- Lockheed Martin awarded $7.5M contract for Apache technical services
- Longbow LLC secures $235.8 M contract for Fire Control Radar Sustainment Work
- Boeing delivered more new Apaches than 737s in 2019 Q4
- S.A.F.E. awarded US Army contract
- Boeing Awarded $8M Contract for AH-64 Support Services
- Boeing Awarded $39M Contract for AH-64 Support
- US Army selects GE’s T901 engine
- Poland Plans on Mi-24 Fleet Upgrade
- Triumph Awarded DLA Contract Extension
- Boeing Awarded $96M Contract for AH-64, A/MH-6M and H-47 Support
- Boeing and PGZ Partner for KRUK Attack Helicopter Program
- Netherlands signs combined Apache and Chinook sustainment contract with Boeing
- Morocco considering Apache purchase
- Thailand to acquire at least six new attack helicopters
- Lockheed awarded $14M contract for AH-64 Apache refurbishment
- Lockheed awarded $117M contract for AH-64 Modernized Laser Range Finder Designators