
Lockheed Martin [LMT] has submitted its proposal to the Army for the next phase of the Joint Air-to-Ground (JAGM) program, while potential rival Raytheon [RTN] has decided not to enter the competition, the two companies indicated in separate statements April 6. Frank St. John, vice president of tactical missiles and combat maneuver systems at Lockheed Martin Missiles and Fire Control, said his company’s dual-mode weapon, which includes a semi-active laser sensor and a millimeter wave radar, would give warfighters “enhanced performance”…