LM Receives $18 M Contract to Transition the LRLAP to Production

Sep 24, 2013 ASDNews Source : Lockheed Martin Corporation

Lockheed Martin [NYSE: LMT] received an $18 million contract from the National Warhead and Energetic Consortium to transition the Long Range Land Attack Projectile (LRLAP) to production.

The contract includes developing production line tooling, test equipment and manufacturing process plans for initial production of the advanced projectile. The guidance and control unit will be assembled at Lockheed Martin’s Ocala, Fla., facility. Final assembly of LRLAP will be performed at the company’s Troy, Ala., facility.

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