Lockheed Wins Tomahawk, JASSM Missile Contracts
As the week wound down, Lockheed Martin claimed a pair of contract wins from the Pentagon, worth more than $17.1 million combined.
The smaller award, for $7.2 million, came Thursday and called on Lockheed's Information Systems and Global Services division to do software development work in support of the Tactical Tomahawk Weapons Control System. TTWCS is described as a system for computing Tomahawk cruise missiles' routes to their strike targets. The system can input new missions on-site and, once missiles are launched, can communicate with multiple Tomahawks to rapidly retarget and redirect the missiles in flight.
Lockheed's second award, issued Friday, concerns a different weapons system, the Joint Air-to-Surface Standoff Missile, or JASSM. Lockheed's Missiles and Fire Control division has been awarded $9.9 million in a delivery order against a previously issued basic ordering agreement to supply the U.S. Air Force with JASSM Common Unique Planning Component software. This contract should be complete by June 25, 2015.
The article Lockheed Wins Tomahawk, JASSM Missile Contracts originally appeared on Fool.com.
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