US Army awards Lockheed Martin with contract for hypersonic strike weapons development

Lockheed Martin (NYSE: LMT) has announced it has been awarded a USD 347 million contract by the US Army as part of a multi-year hypersonic weapons development in support of the Army´s focus in long-range precision strike missiles, the company said.

As the prime contractor for the Long-Range Hypersonic Weapon (LRHW) systems integration project, the Lockheed Martin-team will develop and integrate a land-based hypersonic strike prototype in partnership with the Army Hypersonic Project Office, part of the Army Rapid Capabilities and Critical Technologies Office.

The Army also awarded a contract to Dynetics Technical Solutions (DTS) at an estimated value of USD 352 million to produce the first commercially manufactured set of Common-Hypersonic Glide Body (C-HGB) systems. DTS selected Lockheed Martin to support integration and prototyping of this new C-HGB. The C-HGB will be available across military services to provide commonality to air, land and sea platform needs and requirements.

The Army LRHW prototype will leverage the C-HGB and introduce a new class of ultrafast and maneuverable long-range missiles with the ability to launch from ground mobile platforms. The LRHW system prototype will provide residual combat capability to soldiers by 2023.

Hypersonic strike weapons, capable of flying speeds in excess of Mach 5, are a key aspect of the long-range precision fire modernization effort for the Army and the national security strategy to compete with and outpace potential threats.

LRHW program work will be performed at Lockheed Martin´s Alabama, Colorado, California and Texas facilities.

Lockheed Martin is an established industry leader in the development of hypersonic strike technology and our experience will serve as the cornerstone for hypersonic defense systems. Lockheed Martin´s hypersonic strike awards exceed over USD 2.5 billion across the corporation. Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.