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Lockheed Martin and Dynetics Named Prime Contractors For Army Hypersonic Weapon

Friday, August 30th, 2019

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Lockheed Martin and Dynetics Named Prime Contractors For Army Hypersonic Weapon

Artist rendering of a Dynetics-built hypersonic glide body weapon. Image: Leidos

The Army awarded Lockheed Martin [LMT] and Dynetics two Other Transaction Authority (OTA) contracts worth over $300 million each for work on the long-range hypersonic weapon (LRHW). Lockheed Martin won $347 million as part of a multi-year hypersonic weapons development contract to support the LRHW long-range precision strike missile. The company will help develop and integrate a land-based hypersonic strike prototype on a truck with the Army Hypersonic Project Office, within the Army Rapid Capabilities and Critical Technologies Office. The…

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