
Lockheed Martin [LMT] yesterday said it successfully demonstrated the launch, guided flight, target acquisition and precision strike capability of its Nemesis missile in three flight tests at White Sands Missile Range, N.M. Nemesis is a man-portable, surface-launched missile that enables warfighters to engage targets with precision lethality from as close as 100 meters to well beyond line of sight, the company said in a statement. The missile can be used during dismounted operations as well as be adapted for employment…