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Raytheon, Lockheed Martin Plan To Respond To JAGM RFP

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By Ann Roosevelt Teams led by Raytheon [RTN] and Lockheed Martin [LMT] yesterday each said they would respond to the potential $5 billion Army and Navy Joint Air-to-Ground Missile (JAGM) Request for Proposals (RFP). The Army Aviation and Missile Command issued the RFP for 48-month Engineering and Manufacturing Development (EMD) and Low-Rate Initial Production (LRIP) on April 13. Proposals are due May 31, and the contract award is expected later this year. As of last night, the government had not…

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