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Navy/USMC

Lockheed Martin Nabs $846 Million Contract For Navy Hypersonic Demonstrations

Rich Abott By
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Lockheed Martin Nabs $846 Million Contract For Navy Hypersonic Demonstrations

The Navy’s Strategic Systems Programs (SSP) office awarded Lockheed Martin [LMT] an $846 million contract modification for the design, development, build, and integration of equipment for the Navy Intermediate Range Conventional Prompt Strike (CPS) Weapon System. This specifically is a maximum amount awarded in a previously un-priced letter contract covering the design and build of large diameter rocket motors, associated missile body flight articles, and related support equipment for the system. The contract announcement said this equipment covers flight test…

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