Lockheed Martin Awarded Contract

Aerospace and defense company Lockheed Martin has received an $86.5 million contract from the U.S. Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production.

The contract is the first production award for the air-launched variant of LRASM, and includes 23 missiles and engineering support. “This first production lot of LRASM brings a new level of capability to both the U.S. Air Force and the Navy,” said Mike Fleming, LRASM director at Lockheed Martin Missiles and Fire Control. “LRASM enables our warfighters to prosecute even the most advanced enemy ships.” LRASM is designed to detect and destroy specific targets within groups of ships by employing advanced technologies that reduce dependence on intelligence, surveillance and reconnaissance platforms, network links and GPS navigation in electronic warfare environments.

Leave a Comment