Aerospace Group:

Air Force

Air Force Awards Lockheed Martin $34 Million Contract For LGB Kits

Thursday, October 18th, 2012

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The Air Force recently awarded Lockheed Martin [LMT] a $34.1 million contract for follow-on production of Paveway II Plus Laser Guided Bomb (LGB) GBU-10, GBU-12 and GBU-16 guidance kits, according to a company statement. Lockheed Martin will build and deliver the guidance kits in standard GBU-10 MK-84 (2,000-pound), GBU-12 MK-82 (500-pound) and GBU-16 MK-83 (1,000-pound) series configurations. The kits consist of MAU-209C/B computer control groups that contain the electronic guidance system and associated air foil groups that provide lift and…

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Congress

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