Lockheed Martin is set to receive a potential $780 million contract for the Air Force's next hypersonic weapon project, the Air-Launched Rapid Response Weapon, according to a recently published service document. A formal contract announcement, for development and low-rate initial production, is expected by the end of September, the service said in an Aug. 3 justification-and-approval notice posted on Federal Business Opportunities and marked "for official use only." Under the new award, Lockheed will design, flight test and produce two...