Lockheed nabs new hypersonic booster contract, raising total value of Army-Navy effort to $2.8 billion

By Jason Sherman / March 12, 2021 at 1:36 PM
The Navy is advancing work on an offensive hypersonic weapon, awarding Lockheed Martin a $1.5 billion contract to design, develop and build equipment needed to test and field a new two-stage rocket booster that will carry a planned ultrafast maneuvering glide vehicle. On March 11, the Navy’s Strategic Systems Program office announced the cost-plus-fixed-fee award, the third contract associated with the joint Army-Navy program to develop a common rocket and glide vehicle for land- and sea-launch, respectively. The new contract...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.