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Friday, January 21, 2011

Lockheed Martin Receives $218 Million for Long Range Anti-Ship Missile (LRASM) Demonstrations

Long Range Strike MissileLockheed Martin has received two contracts totaling $218 million for the Demonstration Phase of the Defense Advanced Research Project Agency’s (DARPA) Long Range Anti-Ship Missile (LRASM) program.

The program encompasses the rapid development and demonstration of two distinct variants of the LRASM missile: LRASM-A is a stealthy air-launched variation and LRASM-B is a high-speed ship-launched missile.

Lockheed Martin’s LRASM-A team received a $60.3 million cost plus fixed fee contract to execute two air-launched demonstrations, leveraging its Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER) experience and demonstrating Navy and Air Force tactical aircraft employment.

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