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Lockheed Martin awarded $167.5M for 48 LRASMs for Air Force by Christen Mccurdy Washington DC (UPI) Apr 08, 2020 Lockheed Martin was awarded a $167.5 million contract this week to provide 48 Long Range Anti-Ship Missiles for the Air Force, according to the Department of Defense. The contract funds procurement of 48 LRASMs are long-range precision guided missiles designed to autonomously detect and engage enemy warships based on their image recognition, infrared, radar and other sensor profiles. In February, Lockheed was awarded $33.4 million as part of a cost reduction initiative in support of the LRASM program. Work on this contract will be performed at Lockheed's worksite in Orlando, Fla., with an expected completion date of April 6, 2023. The LRASM reached early operational capability on the B-1B bomber in December 2018, and early operational capability on the F/A-18 in November 2019.
Boeing shutters Philadelphia-area facilities after employees test positive for COVID-19 Washington DC (UPI) Apr 03, 2020 Boeing announced this week that it is suspending operations in the Philadelphia area for two weeks due to the spread of the novel coronavirus. A press release from the company issued late Thursday said the company would suspend production of the H-46 Chinook cargo helicopter, the V-22 Osprey tilt-rotor aircraft and the MH-139A Grey Wolf helicopter, as well as other defense and commercial services work performed at the site. A Boeing spokesman told Defense News Friday that "we have had po ... read more
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