LM Announces Industry Team for JAGM Program
(Orlando, FL, October 8, 2008) -- Lockheed Martin [NYSE: LMT] has announced the industry team it will lead to execute its recently awarded $122 million technology development contract for the Joint Air-to-Ground Missile (JAGM) system, the next-generation missile that will be carried on U.S. Armed Forces rotary-wing, fixed-wing and unmanned aerial system (UAS) platforms.
The 27-month contract is for a competitive risk reduction phase of the Armed Forces' next major missile program. Total production for six initial U.S. Army, Navy, and Marine Corps platforms is expected to be approximately 35,000 rounds.
"We are proud to announce our team for this extremely important program," said Rick Edwards, vice president for Tactical Missiles and Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. "Together, we will provide the lowest-risk and most affordable solution to get this much-needed capability to the field as soon as possible."
Lockheed Martin JAGM Industry Team:
-- Aerojet, Rocket Motor, Camden, AK
-- Roxel, Propellant, Summerfield, UK
-- General Dynamics Ordnance and Tactical Systems, Multi-purpose Warhead, Niceville, FL
-- Lockheed Martin, Tri-Mode Seeker, Orlando, FL
-- Honeywell, Inertial Measurement Unit, Minneapolis, MN
-- L3,, Focal Plane Array, Cincinnati, OH
-- EMS Technologies, Millimeter Wave Antenna, Atlanta, GA
-- Marvin Engineering, JAGM Launchers, Inglewood, CA
-- Alliant TechSystems, Aircraft Integration, Woodland Hills, CA
-- Moog, Control Actuation System, Aurora, NY
-- PerkinElmer, Warhead Firing Module, Miamisburg, OH
"There is no question in my mind this is an outstanding team," Edwards said. "With respect to our competition, this is a challenge we welcome and are prepared to meet. We are eager to get down to the task at hand-working with our U.S. Navy, Army and Marine Corps partners to get this vital new capability into the hands of our nation's Warfighters," he concluded.
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