Lockheed Martin has won over $86 million to manufacture and provide 23 long range anti-ship missiles for the US Air Force.
It can be launched from a US Air Force B-1B bomber.
Lockheed Martin Missiles and Fire Control, Orlando, Florida, has been awarded an $86,499,999 contract modification for long-range anti-ship missile (LRASM) Lot 1 production, the company announced Tuesday.
The contractor will provide 23 LRASM missiles.
The LRASM is uses next-generation guidance technology to track targets such as enemy ships, shallow submarines, drones, aircraft and land-based targets, according to published reports.
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Lockheed Martin is being awarded a $76 million modification contract for fiscal 2017 Aegis modernization production requirements. This contract modification includes options which, if exercised, would bring the cumulative value of this contract action to $192 million
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Lockheed Martin has test launched the Long Range Anti-Ship Missile (LRASM) surface-launch variant Wednesday from a topside canister. The flight test took place at White Sands Missile Range, New Mexico
Lockheed Martin has won an $86.5 million contract from the US Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production
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