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Lockheed Martin Awarded $119 Million AMDR Contract

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The Navy awarded Lockheed Martin [LMT] a $119 million contract to demonstrate its conceptual designs for the Air and Missile Defense Radar (AMDR) intended to upgrade the Navy's future capability against advanced anti-ship and ballistic missile threats. Lockheed Martin was one of three industry teams competitively selected to advance its designs for the AMDR S-band radar and the radar suite controller under a 24-month technology demonstration phase contract. "Lockheed Martin's AMDR design provides a high performance radar suite capable of…

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