ORLANDO, Fla., 20 Aug. 2012. Lockheed Martin (NYSE:LMT) won a $64 million contract from the U.S. Army to extend the Joint Air-to-Ground Missile (JAGM) Technology Development program. During the 27-month extension, engineers will design, test, and demonstrate phases for the JAGM guidance section, which includes the seeker, dome, and housing.

Lockheed Martin engineers have designed, tested, and fielded missiles with both JAGM seeker modes: the precision-strike, semi-active laser on Hellfire and the all-weather, fire-and-forget millimeter wave on Longbow.

"Lockheed Martin's JAGM guidance section draws upon a legacy of trusted precision-guided weapons on the battlefield today including Hellfire, Longbow, and Javelin," says Frank St. John, vice president of tactical missiles and combat maneuver systems in Lockheed Martin's Missiles and Fire Control business. "Our proposed JAGM weapon system can provide significant performance advantages to help meet warfighter needs and save lives."

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