
Lockheed Martin [LMT] and Israel’s Rafael Advanced Defense Systems signed a teaming agreement Thursday to jointly develop, market, manufacture and support Rafael's Smart, Precise Impact and Cost-Effective (SPICE) guidance kits for the U.S. market. The agreement covers the "SPICE’s 1000" and "SPICE 2000" variants, according to a Lockheed Martin press release. The family of stand-off, autonomous, air-to-surface weapons allow for precision in a GPS-denied environment, have been in use since 2003, and are in service with the Israeli Air Force…