Lockheed Martin Wins $50M Joint Air-To-Ground Missiles Deal

Lockheed Martin Corporation (NYSE:LMT) recently won a $49.6 million contract for the procurement of Joint Air-to-Ground missiles (JAGMs). The contract was awarded by the U.S. Army Contracting Command, Redstone Arsenal, Alabama.

Work related to the deal will be carried out in Orlando, FL, and is expected to be completed by Feb 28, 2021. Lockheed Martin will utilize fiscal 2017 and 2018 other procurement and Army funds for completing the task.


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