ORLANDO, Fla., May 26, 2016 /PRNewswire/ -- Lockheed Martin
(NYSE: LMT) has received a $321.8
million sole-source contract from the U.S. Navy for the
continuation of the Long Range Anti-Ship Missile (LRASM)
integration and test phase.
The integration and test contract funds continuation of LRASM
flight testing and integration onto the U.S. Air Force B-1B and the
U.S. Navy F/A-18E/F aircraft. LRASM early operational capability
for the U.S. Air Force and Navy is expected in 2018 and 2019
respectively.
"The LRASM team has successfully met all requirements on an
accelerated acquisition timeline in an effort to give our
warfighters a much-needed robust, anti-ship capability," said
Mike Fleming, LRASM program director
at Lockheed Martin Missiles and Fire Control. "LRASM will give
warfighters the ability to engage in previously denied battle
environments."
LRASM was selected as the Increment I solution for the Offensive
Anti-surface Warfare (OASuW) program. After a competition in 2009,
the Defense Advanced Research Projects Agency selected Lockheed
Martin's LRASM to provide a demonstration of OASuW air-launched
capability to defeat emerging sea-based threats at significant
standoff ranges. The success of that demonstration prompted
initiation of an accelerated acquisition program, which is now led
by the U.S. Navy.
LRASM is a precision-guided anti-ship standoff missile
leveraging Lockheed Martin's successful Joint Air-to-Surface
Standoff Missile Extended Range heritage, and is designed to meet
the needs of U.S. Navy and Air Force warfighters in an advanced
anti-access/area-denial threat environment.
Armed with a proven 1,000-pound penetrator and
blast-fragmentation warhead, LRASM employs a multi-mode sensor,
weapon data link and an enhanced digital anti-jam Global
Positioning System to detect and destroy specific targets within a
group of ships.
For additional information, visit our website:
www.lockheedmartin.com.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
125,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and
services.
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SOURCE Lockheed Martin