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Lockheed Martin Official Voices Optimism On Crucial Cruise Missile Test

DDN

Wednesday, July 8th, 2009

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By Marina Malenic Facing a series of do-or-die reliability tests later this summer, a Lockheed Martin [LMT] official expressed confidence in an Air Force cruise missile program that has come under increased scrutiny after a series of flight test failures. David Van Buren, the acting Air Force weapons buyer, said in May that the $6 billion Joint Air-to-Surface Standoff Missile (JASSM) program faces termination if Lockheed Martin does not fix problems that have caused the weapon repeatedly to fail to…

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