
BAE Systems on Dec. 12 announced it received a $60 million contract from Lockheed Martin [LMT] to build additional seekers for the Long Range Anti-Ship Missile (LRASM). The company explained the seeker is made of long-range sensors and targeting technology “that help the stealthy missile find and engage protected maritime targets in challenging electromagnetic environments.” LRASM aims to detect and destroy near- and mid-term high value surface ship combatants using technology that reduces dependance on intelligence, surveillance, and reconnaissance platforms,…