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Lockheed Martin Receives Testing Contract For Anti-Ship Missle

Defense Daily Staff Defense Daily Staff
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The Defense Advanced Research Projects Agency (DARPA) has issued Lockheed Martin [LMT] a $71-million contract modification to conduct flight tests this year of a long range anti-ship missile, the company said yesterday. The modification brings to three the number of flight test scheduled to take place this year of the Long Range Anti-Ship Missile (LRASM), which is an autonomous, precision-guided anti-ship standoff missile. The testing involves firing the missile from a B-1B bomber. The LRASM is being developed for the Navy…

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