(NSI News Source Info) PHILADELPHIA, U.S. - August 13, 2010: Lockheed Martin [NYSE: LMT] has been awarded a contract from the Naval Air Systems Command (NAVAIR) to continue software development to sustain the Tactical Tomahawk Weapons Control System (TTWCS). TTWCS is a system that integrates the launch hardware and software to provide weapon control for variants of the Tomahawk Land Attack Missile. The initial contract value is $16.6 million, and the total contract value could reach $50.7 million if all four option years are exercised.
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