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Lockheed Seeks Joint-Air-To-Ground Missile Contract With Team Including GD, ATK, L3

Lockheed Martin Corp. [LMT] told defense journalists it is well positioned to vie for the Joint Air-to-Ground Missile (JAGM) system program, with a $122 million contract in hand for technology development and a team of household-name contractors. In seeking to produce the JAGM, Lockheed squares off against a team of The Boeing Co. [BA] and Raytheon Co. [RTN]. Whether the Army, Marine Corps and Navy JAGM eventually will be supplied solely by a single downselected winner of the competition, or…

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