
HUNTSVILLE, Ala. – The Army has selected Lockheed Martin [LMT] and Raytheon Technologies [RTX] to work on prototyping capabilities for a future Stinger missile replacement over the next few years, a lead official confirmed Tuesday. Brig. Gen. Frank Lozano, the Army’s program executive officer for missiles and space, said negotiations with the vendors on Other Transaction Authority (OTA) agreements are currently ongoing for the program officially called “Maneuver Short Range Air Defense Inc. 3.” “We’re working with the two selected…