Author: Matthew Nelson|| Date Published: July 23, 2020
Lockheed Martin (NYSE: LMT) will manufacture additional Hellfire air-to-ground missile systems for the U.S. Army under a $702.9M contract modification.
The military service obligated $702.7M at the time of award, the Department of Defense said Wednesday. DoD expects work to conclude by Sept. 30, 2023.
Hellfire guided missiles use semi-active laser technology and operate with multiple aircraft platforms such as the AH-64 Apache helicopter and the MQ-1C Gray Eagle unmanned aerial system.
The company received a $723.5M modification last year to provide Hellfire II variants to domestic and foreign military sales customers.
Space Force awards Northrop $398M SATCOM satellite prototype contract The program aims to strengthen communications in contested environments The award…
Nine companies win spots on Navy unmanned systems contract Work covers design, testing, deployment and sustainment support Autonomous maritime platforms…
Anthropic reportedly explores massive new funding round Anthropic deepens focus on AI-driven cyber defense and national security Its growth highlights…
