Lockheed Martin (LMT) Gets $64M Army Contract to Extend JAGM Program

August 17, 2012 2:22 PM EDT Send to a Friend
Lockheed Martin (NYSE: LMT) received a $64 million contract from the U.S. Army to extend the Joint Air-to-Ground Missile (JAGM) Technology Development program.

The 27-month extended Technology Development program will include design, test and demonstration phases for the JAGM guidance section. The JAGM guidance section includes the seeker, dome and housing.


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