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Lockheed Martin Receives $64 Million To Move JAGM Forward

Cal Biesecker By
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Lockheed Martin [LMT] Friday received a not-to-exceed $64.15 million value contract for Joint-Air-To-Ground Missile (JAGM) guidance section work in the Extended Technology Development (TD) Phase. The JAGM Extended TD Phase will address affordability and reduce overall risk before entering the Engineering and Manufacturing Development (EMD) Phase by adopting an incremental strategy for qualification of the JAGM guidance section, according to the Program Executive Office, Missiles and Space which, in conjunction with the Aviation and Missile Command, issued the contract. Additionally,…

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