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JASSM Gets One Last Shot At Proving Reliability

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Monday, May 18th, 2009

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By Marina Malenic A stealthy cruise missile being developed by Lockheed Martin [LMT] and plagued by years of test failures will be subjected to one more round of reliability testing this summer after the company makes technical adjustments to the system, the Air Force's top weapons buyer said last week. The $6 billion Joint Air-to-Surface Standoff Missile (JASSM) program could face termination if Lockheed Martin does not fix problems that have caused the weapon repeatedly to fail to detonate on…

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