ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

LMT Lockheed Martin Corp

461.91
-1.29 (-0.28%)
After Hours
Last Updated: 22:49:58
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lockheed Martin Corp NYSE:LMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.29 -0.28% 461.91 462.93 457.1701 462.93 910,684 22:49:58

Lockheed Martin's Modernized TACMS Missiles Successful in Two New Flight Tests

20/02/2017 3:13pm

PR Newswire (US)


Lockheed Martin (NYSE:LMT)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Lockheed Martin Charts.

DALLAS, Feb. 20, 2017 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) modernized Tactical Missile System (TACMS) missile continued its streak of successful flight tests with two recent flights at White Sands Missile Range, New Mexico. These tests represent the third and fourth consecutive successful trials of the modernized TACMS.

In December, a modernized TACMS successfully engaged and destroyed a target in a 71-kilometer test. And in early February, a fourth modernized TACMS destroyed a target at White Sands at a range of more than 200 kilometers. In both tests, the TACMS missiles were launched from a High Mobility Artillery Rocket System (HIMARS) launcher.

"With our third and fourth consecutive successful modernized TACMS flights, I believe we have demonstrated that our production quality and new technology are ready to move forward," said Scott Greene, vice president of Precision Fires & Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. "These modernized TACMS missiles will allow our warfighters to quickly and accurately address imprecisely located targets on the battlefield."

The missiles used in these two tests were produced at Lockheed Martin's Precision Fires Production Center of Excellence in Camden, Arkansas. 

As part of the U.S. Army's TACMS Service Life Extension Program, the modernized missile includes new state-of-the-art guidance electronics and added capability to defeat area targets without leaving behind unexploded ordnance. The TACMS modernization process disassembles and demilitarizes TACMS Block 1 and 1A submunition warheads, replacing them with new unitary warheads and bringing them into compliance with Department of Defense policy on cluster munitions and unintended harm to civilians. The modernization process also resets the missile's 10+ year shelf life.

In December 2014, Lockheed Martin and the U.S. Army signed a $74 million contract to take existing TACMS missiles from inventory and modernize them.

The TACMS platform provides maximum flexibility to quickly integrate new payloads and capabilities to meet current and future demands.

With unsurpassed performance and an unwavering commitment to production excellence, TACMS is the only long-range tactical surface-to-surface missile ever employed by the U.S. Army in combat. TACMS missiles can be fired from the entire family of MLRS launchers.

For more information visit our website: www.lockheedmartin.com

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 98,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lockheed-martins-modernized-tacms-missiles-successful-in-two-new-flight-tests-300410040.html

SOURCE Lockheed Martin

Copyright 2017 PR Newswire

1 Year Lockheed Martin Chart

1 Year Lockheed Martin Chart

1 Month Lockheed Martin Chart

1 Month Lockheed Martin Chart

Your Recent History

Delayed Upgrade Clock