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Army

Army, Lockheed Martin, Plan For Thousands More Hellfire Missiles

DDN

Tuesday, November 13th, 2007

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A Lockheed Martin [LMT] official says the success of the Hellfire missile will generate production of thousands more of the missiles once the president's budget and supplemental come to fruition. "We'll be going under contract for in excess of 10,000 missiles in the coming year, and with that we'll be further addressing some of the things that have obsolesce issues that have to be improved," Rick Edwards Lockheed Martin Vice President-Tactical Missiles, said in a recent teleconference. "This really is…

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