Lockheed receives LRASM second production lot
Lockheed Martin has received a $172 million contract from the US Navy and US Air Force for the second production lot of Long Range Anti-Ship Missiles (LRASM), the company announced on 15 January.
The contract continues production for the air-launched variant of LRASM, including full production of missiles and engineering support.
LRASM is a precision-guided, anti-ship standoff missile based on the Joint Air-to-Surface Standoff Missile - Extended Range. The air-launched variant provides an early operational capability for the US Navy’s offensive anti-surface warfare requirement.
The missile can detect and destroy specific targets within groups of ships by employing advanced technologies that reduce dependence on ISR platforms, network links and GPS navigation in electronic warfare environments.