Nichols Martin
Lockheed Martin‘s missiles and fire control business has received an $80.2 million contract modification from the U.S. Army to increase production of the AGM-114 Hellfire missile system.
The Defense Department said Tuesday the company will use the funds to set up its production line, procure additional tools and test equipment and hire more suppliers necessary to manufacture up to 11,000 Hellfire units annually.
Work under the modified contract will occur in Orlando, Florida through Sept. 30, 2021.
Hellfire consists of semi-active laser-guided missiles designed to help Army aircraft pilots conduct air-to-surface attack missions.
