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Wednesday, May 18, 2011
U.S. orders more cruise missiles from Lockheed unit
Lockheed Martin Corp.'s Orlando operations have received two new contracts together worth nearly $70 million to produce advanced cruise missiles and armored-vehicle gunnery-training simulators, the company confirmed Tuesday.
Lockheed Martin Missiles & Fire Control in Orlando recently landed a deal worth nearly $45.8 million to produce the cruise missiles for the Air Force, a Lockheed spokeswoman said.
Terms call for Lockheed to build 75 more missiles for the military's Joint Air-to-Surface Standoff Missile, or JASSM, program.
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