Pentagon gives approval for EMD phase

Lockheed Gets $66 Million Joint Air-to-Ground Missile Contract

/ July 31, 2015 at 5:00 PM
The Army awarded Lockheed Martin a $66.3 million contract for the Joint Air-To-Ground Missile program, following high-level approval last week to continue development of the munition. The service's program executive office for missiles and space on July 31 awarded the fixed-price incentive contract to Lockheed Martin for the JAGM engineering and manufacturing development phase, according to Army spokesman Dan O'Boyle. The contract includes two additional options for low-rate initial production, valued at approximately $60 million each. Pentagon acquisition executive Frank...

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