Air Force awards Lockheed ARRW contract worth up to $480M

By Rachel Cohen / August 14, 2018 at 11:52 AM
Lockheed Martin will ramp up its work on the Air Force's secretive Air-Launched Rapid-Response Weapon program, which aims to develop a hypersonic missile capability by 2021, under a contract worth up to $480 million awarded this week. On Aug. 6, Inside Defense reported Air Force acquisition chief Will Roper signed a justification-and-approval document that green-lighted spending up to $780 million on ARRW over the next five years. An Air Force spokeswoman told Inside Defense Aug. 13 the service could...

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