Lockheed Martin Awards BAE Systems $117M for LRASM Missile Seekers
BAE Systems won a $117 million contract from Lockheed Martin to produce next-generation missile seekers for the Long Range Anti-Ship Missile (LRASM).
The seeker technology enables LRASM to detect and engage specific maritime targets in contested environments with less dependence on traditional navigation systems. The next-generation seeker design reduces overall missile costs.
Following design improvements conducted under a Diminishing Sources/Affordability contract, BAE Systems is producing next-generation seekers for Lots 4 and 5 that are more capable and easier to produce, with less-complicated manufacturing processes.
The LRASM contract will support missiles for the U.S. Navy, U.S. Air Force, and U.S. allies through Foreign Military Sales, as well as research, development, test, and evaluation services.
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