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04:09 AM, August 25, 2017
Lockheed Martin Awarded $548 Million for US Army Hellfire Missile Contract
Predator Drone Firing Hellfire Missile

Lockheed Martin Missiles and Fire Control was awarded a $547,934,477 modification to a previous contract for a Hellfire II missile production requirement that consists of 7,358 Hellfire II tactical missiles in containers, in various air-to ground missiles models.

Work will be performed in Orlando, Florida, with an estimated completion date of Sept. 30, 2020.  Fiscal 2010, 2015, 2016, and 2017 other procurement (Army) funds in the amount of $547,934,477 were obligated at the time of the award. U.S. Army Contracting Command Redstone Arsenal, Alabama, is the contracting activity.

The Hellfire air-to-surface missile has been used in a number of targeted killings of high-profile individuals in the US fighter against terror. Use of the missile in Afghanistan and Pakistan has drawn accusations of collateral damage

It was originally developed under the name Heliborne, Laser, Fire and Forget Missile, which led to the colloquial name "Hellfire" ultimately becoming the missile's formal name.

It has multi-target precision-strike ability, and can be launched from multiple air, sea, and ground platforms, including the Predator drone.

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