
JAGM EMD Contract. DoD awards Lockheed Martin a $66 million fixed-price incentive (firm target) contract for engineering and manufacturing development (EMD) Joint Air to Ground Missile (JAGM) work, according to an Army statement. The contract includes two additional options for low rate initial production (LRIP) valued at approximately $60 million each. The program completes a 27 month technology development phase (TDP) in May, which includes participation from Lockheed Martin and the early participation of Raytheon in 2013. The Army says…