Lockheed to offload $1.8 billion in pension risks to Prudential

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Go back to Lockheed to offload $1.8 billion in pension risks to Prudential

Lockheed Martin (LMT) and Raytheon (RTN) Javelin JV Secures Contract for 2,100 F-Model Missiles, Marking Initial Full-Rate Production

January 30, 2019 10:05 AM EST

The Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) Javelin Joint Venture was awarded a production contract for 2,100 F-Model (FGM-148F) missiles, following a successful and rigorous system qualification test program that included 21 successful flight tests. The contract launches the initial full-rate production agreement for the Javelin F-Model missile, replacing the Javelin FGM-148E (Block I).

The Javelin FGM-148F missile features an advanced multipurpose warhead (MPWH) as part of the... More