Nichols Martin
Lockheed Martin has received a potential two-year, $33.4M contract modification to redesign, integrate and test radio frequency sensors for the U.S. Navy's Long Range Anti-Ship Missile system.
The modification supports a cost reduction effort for the LRASM program and work will occur in New Jersey, New Hampshire and Florida through February 2021, the Department of Defense said Thursday.
The service branch will obligate $16.7M in research, development, test and evaluation funds for fiscal 2019.
Lockheed secured a potential $322M contract in 2016 to support the integration and testing of LRASM, which is designed to be launched from guided-missile destroyers and cruisers.Â
