Lockheed awarded contract for LRASM work
Lockheed Martin has been awarded a contract order worth some $175 million to update the Long-Range Anti-Ship Missile (LRASM) for the US Navy.
This order will result in the company providing engineering, testing, product support and ancillary support to update the current LRASM components and systems under the requirements of the Offensive Anti-Surface Warfare Increment 1 Capability Description Document, and work will be carried out at various sites across the US, and is expected to complete in November 2022.
$40 million was allocated at the time of award, and the order is being contracted by the Naval Air Systems Command at Patuxent River in Maryland.
Related Equipment in Defence Insight
More from Naval Warfare
-
![UK’s Type 31 frigate balances cost pressure with long-term export ambition]()
UK’s Type 31 frigate balances cost pressure with long-term export ambition
The UK shipbuilder’s full-year results to the end of March revealed the impact of the £140 million charge linked to design changes and rework on the Royal Navy’s Type 31 frigate programme.
-
![Eurosatory 2026: Schiebel’s frigate-first strategy indicates a shift in UAV competition]()
Eurosatory 2026: Schiebel’s frigate-first strategy indicates a shift in UAV competition
Schiebel is pursuing opportunities in the UK and France while leveraging its integration with Naval Group’s FDI frigate programme to create new naval business across Europe.
-
![Eurosatory 2026: Red Cat eyes South American market for USV-led EEZ surveillance]()
Eurosatory 2026: Red Cat eyes South American market for USV-led EEZ surveillance
Success with the US Army’s Black Widow programme may have strengthened Red Cat’s international position, but executives believe the next growth opportunity lies in uncrewed surface vessels.
