Lockheed Martin has won a $73.8 million contract from the US Army for Phase 2 of the Long Range Precision Fires (LRPF) program that will provide next-generation precision fires with ranges up to 499 kilometers to combatant commanders.
The missile will be capable of striking time-sensitive and area targets in a variety of conditions, the company announced Thursday.
"Lockheed Martin has invested heavily in leveraging our legacy of unrivaled performance and affordability on the combat-proven Tactical Missile System (TACMS) program to create the next generation long-range precision engagement weapon," said Scott Greene, vice president of Precision Fires for Lockheed Martin Missiles and Fire Control.
"We intend to demonstrate to our Army customer that our LRPF solution will be the most cost-effective, precise and reliable munition to meet their future long-range engagement needs." He added.
The LRPF Phase 2 program includes technology maturation and risk reduction for the development of a prototype LRPF missile system. The prototype missile system includes a Launch Pod Missile Container and a fully integrated surface-to-surface guided missile that will be compatible with the Multiple Launch Rocket System MLRS M270A1 and M142 High Mobility Artillery Rocket System HIMARS launchers.
During the 36-month Phase 2 LRPF contract, Lockheed Martin will design, develop and fly multiple prototype missiles in anticipation of the Engineering and Manufacturing Development (EMD) phase of the program.
The initial LRPF Phase 1 risk-reduction contract completed in May 2017.
The Pentagon has awarded Lockheed Martin a contract worth more than $50 million to produce simulation software for the F-35 Joint Strike Fighter. "Lockheed Martin Corp
Lockheed Martin Corp has won a $55.5 million US foreign military sales contract for the design, development, testing, managing, documenting, installing, and providing hardware, software, spares, and training for Saudi Arabian Ministry National Guard live fire ranges
Lockheed Martin has been awarded more than $257 million to provide F-35 fighter jet mission equipment to the United States and its international partners, the Department of Defense said in a press release. "Lockheed Martin Corp
Lockheed Martin has won a more than $39-million contract to provide seven foreign governments with Patriot missile defense system enhanced launcher electronics, engineering support and maintenance. The Defense Department explained that the contract is for the Patriot Advanced Capability-3 [PAC-3] Missile Support for recapitalization of the enhanced launcher electronic system, field missile activities and unscheduled maintenance, the company announced Monday
Lockheed Martin was awarded a $130 million FMS (Qatar, Saudi Arabia, Republic of Korea, United Arab Emirates, and Taiwan) contract for fiscal 2017 PATRIOT Advanced Capability-3 production to increase the total missile segment enhancement quantity by 35, add 130 launcher modification kits with motor control units for the U.S
Lockheed Martin is being awarded a $41.7 million contract to exercise an option for AEGIS lifetime support services consisting of computer program maintenance in support of the Royal Australian Navy Hobart class ships
Lockheed Martin has won $288 million contract to modernize U.S
Strained Russia-Ukraine Relations Behind Delay In India's An-32 Upgrade: Report
China Launches Malaysian Navy's Second Keris-class Ship
Lockheed To Collaborate With 3 Indian Start-ups For Defense tech solutions
US Used New Electronic Warfare Weapon To Destroy Iranian Drone: Report
Design of Russian-made 'World's Fastest Helicopter' Ready
India To Give The Final Go-ahead To $1.7 Billion C-295 Transport Aircraft
China offers Two-seat Fighter Trainer FC-1B for International Sales
Two New Russian Ivan Gren-class Warships Likely To Be Helicopter Carriers
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...