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Lockheed Martin Receives $34 Million For Enhanced Laser Guided Training Rounds

Lockheed Martin [LMT] yesterday said it recently received two contracts totaling $34.3 million from the U.S. Navy and Royal Canadian Air Force for Enhanced Laser Guided Training Rounds (ELGTR) production. “ELGTR ensures U.S. and allied warfighters remain trained at peak combat proficiency,” said Joe Serra, precision guided systems manager at Lockheed Martin Missiles and Fire Control. “We deliver the most cost-effective and capable direct-attack training solutions with the greatest level of mission flexibility for the warfighter.” A $21.8 million U.S.…

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