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Thursday, August 20, 2009
Lockheed's JASSM missile nearing critical tests
Lockheed Martin Corp said it has invested tens of millions of dollars to improve the reliability of its troubled JASSM cruise missile ahead of tests that could make or break the future of the $6 billion program.
Christopher Kubasik, who runs the Lockheed sector that includes missile programs, told Reuters the company had "made a significant financial contribution to increase the reliability of this program."
He gave no specific sum but said the numbers were in the tens of millions of dollars.
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