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Lockheed Martin Corp Receives $34 Million Contract For Paveway II Plus Laser Guided Bomb Kits


Wednesday, 17 Oct 2012 10:00am EDT 

Lockheed Martin Corp announced that it received a $34.1 million contract from the U.S. Air Force for follow-on production of paveway II Plus Laser Guided Bomb (LGB) GBU-10, GBU-12 and GBU-16 guidance kits. With this contract, Lockheed Martin received the majority share of a $56 million paveway II Plus LGB procurement. Production is expected to begin in early 2014. Under the contract, Lockheed Martin will build and deliver paveway II Plus LGB kits, consisting of MAU-209C/B computer control groups that contain the electronic guidance system and the associated air foil groups that provide lift and stability to the weapons, in standard GBU-10 MK-84 (2,000 lb.), GBU-12 MK-82 (500 lb.), GBU-16 MK-83 (1,000 lb.) series configurations. All work will be performed at Lockheed Martin's facility in Archbald, Pa. 

Company Quote

180.74
1.17 +0.65%
19 Sep 2014