Lockheed Martin wins $64 million contract to extend Joint Air-to-Ground Missile technology development
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.