TYSONS CORNER, VA, July 10, 2017 — Lockheed Martin (NYSE: LMT) will design and fly prototype missiles for the second phase of the U.S. Army‘s Long Range Precision Fires program under a potential $73.8 million contract, GovCon Wire reported Friday.
The company said Thursday phase two includes technology maturation and risk reduction work on prototype LRPF missiles over a 36-month period ahead of the program’s engineering and manufacturing development phase.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com