The U.S. Department of Defense announced that Lockheed Martin Missile and Fire Control, Orlando, Florida, was awarded a $66,371,639 fixed-price incentive contract with options to develop the Joint-Air-to-Ground Missile (Army-Navy). Work will be performed in Orlando, Florida, with an estimated completion date of July 31, 2017.
Frank St. John, VP Tactical Missiles/Combat Maneuver Systems at Lockheed Martin said:
On July 31, Lockheed Martin received a $66 million contract from the U.S. Army and the U.S. Navy to enter the Engineering and Manufacturing Development (EMD) phase of the Joint Air-to-Ground Missile (JAGM) program.
JAGM is the next generation air-to-ground missile for use on rotary wing and unmanned aircraft systems for the U.S. Army, Navy and Marine Corps. JAGM’s multi-mode seeker provides the warfighter with precision strike and fire-and-forget capabilities against moving targets in all weather conditions.
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