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Tuesday, September 23, 2008

Lockheed Martin Wins $122 Million Technology Development Contract for Joint Air-To-Ground Missile Program

Lockheed Martin has been awarded a $122 million technology development contract for the Joint Air-to-Ground Missile (JAGM) system.

The next-generation missile will be carried on U.S. Armed Forces rotary-wing, fixed-wing and unmanned aerial system (UAS) platforms.

The 27-month contract, awarded by the U.S. Army’s Aviation and Missile Command, with participation by the U.S. Navy and Marine Corps, is for a competitive risk-reduction phase of the Armed Forces’ next major missile program.

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