
Lockheed Martin [LMT] said Tuesday it has expanded its teaming agreement with Israel’s Rafael Advanced Defense Systems to include jointly manufacturing and marketing Rafael’s Smart, Precise Impact and Cost-Effective (SPICE) 250 guided munition for the U.S. defense market. The companies noted this is the first time the SPICE 250 precision-guided bomb, currently fielded in Israel, will be available for sale to the U.S. as well as the Polish military. "Lockheed Martin’s deep expertise in weapon system integration will help us…