Monday, January 24, 2011

DTN News - DEFENSE NEWS: Lockheed Martin Receives $218 Million For Long Range Anti-Ship Missile (LRASM) Demonstrations....NSI News Source Info # 1486

DTN News - DEFENSE NEWS: Lockheed Martin Receives $218 Million For Long Range Anti-Ship Missile (LRASM) Demonstrations....NSI News Source Info # 1486
Source: DTN News - - This article compiled by Roger Smith from reliable sources Lockheed Martin
(NSI News Source Info) DALLAS, TX, - January 24, 2011: Lockheed Martin [NYSE:LMT] 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.

Lockheed Martin’s LRASM-B team received a $157.7 million cost plus fixed-fee contract to complete four Vertical Launch System (VLS) demonstrations, proving applicability to Navy surface combatants. Both LRASM-A and LRASM-B designs plan to support air-launch and VLS-launch configurations.

“Both of our LRASM solutions will deliver extraordinary range, willful penetration of ship self defense systems and precise lethality in denied combat environments,” said Rick Edwards, vice president of Tactical Missiles and Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. “The maturity of these weapons and technologies allows near term transition to Navy magazines at an affordable price. These are low risk, practical options with the Navy initiating studies of anti-surface warfare capability.”

http://defense-technologynews.blogspot.com/2011/01/dtn-news-defense-news-lockheed-martin.html

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