ORLANDO, Fla., Aug. 23, 2017 /PRNewswire/ -- Lockheed Martin
(NYSE: LMT) received a $900 million
contract from the U.S. Air Force to develop and mature technologies
for the Long Range Stand Off (LRSO) missile program. Terms of the
Technical Maturation and Risk Reduction (TMRR) contract were not
disclosed.
The TMRR phase of the program is a critical step in advancing
technologies, systems and subsystems for the weapon program,
leading up to the Engineering, Manufacturing and Development
milestone expected in 2022.
"LRSO will provide the next generation strategic deterrent
missile for the air-launched portion of the nuclear triad," said
David Helsel, LRSO program director
at Lockheed Martin Missiles and Fire Control. "Lockheed Martin's
proven experience in cruise missile and strategic systems
technologies will provide the most reliable, capable, sustainable
and affordable program in defense of our nation and our
allies."
LRSO is a replacement for the U.S. Air Force's AGM-86 Air
Launched Cruise Missile that has been operational since 1986. The
LRSO weapon system will be capable of penetrating and surviving
advanced integrated air defense systems from significant standoff
range to prosecute strategic targets in support of the U.S. Air
Force's global attack capability and strategic deterrence core
function.
Lockheed Martin's LRSO industry team spans more than 800 people
across 11 states: California,
Colorado, Florida, Maryland, Michigan, Minnesota, New
York, Pennsylvania,
Texas, Utah and Washington.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
97,000 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