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Share Name | Share Symbol | Market | Type |
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Lockheed Martin Corp | NYSE:LMT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.87 | 0.19% | 462.78 | 463.4999 | 460.18 | 463.16 | 796,392 | 01:00:00 |
WASHINGTON, Oct. 14, 2019 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (NYSE: LMT), today introduced RAIDER X™, its concept for an agile, lethal and survivable compound coaxial helicopter, specifically designed for securing vertical lift dominance against evolving peer and near-peer threats on the future battlefield. Through the U.S. Army's Future Attack Reconnaissance Aircraft (FARA) program, RAIDER X is the out-front platform in the Service's revolutionary approach for rapid development and delivery of game changing technology and warfighter capabilities, equipped for the most demanding and contested environments. RAIDER X enables the reach, protection and lethality required to remain victorious in future conflicts.
View the RAIDER X video.
"RAIDER X converges everything we've learned in years of developing, testing and refining X2 Technology and delivers warfighters a dominant, survivable and intelligent system that will excel in tomorrow's battlespace where aviation overmatch is critical," said Frank St. John, executive vice president of Lockheed Martin Rotary and Mission Systems. "The X2 Technology family of aircraft is a low-risk solution and is scalable based on our customers' requirements."
RAIDER X draws on Lockheed Martin's broad expertise in developing innovative systems using the latest digital design and manufacturing techniques. Sikorsky's RAIDER X prototype offers:
The nationwide supply team that Sikorsky has comprised to build RAIDER X will join company leaders today to introduce RAIDER X during the annual conference of the Association of the United States Army in Washington, D.C.
"RAIDER X is the culmination of decades of development, and a testament to our innovation and passion for solving our customers' needs," said Sikorsky President Dan Schultz. "By leveraging the strength of the entire Lockheed Martin Corporation, we will deliver the only solution that gives the U.S. Army the superiority needed to meet its mission requirements."
Proven X2 Technology: Scalable, Sustainable, Affordable
With RAIDER X, Sikorsky introduces the latest design in its X2 family of aircraft. To date, X2 aircraft have achieved/demonstrated:
"The power of X2 is game changing. It combines the best elements of low-speed helicopter performance with the cruise performance of an airplane," said Sikorsky experimental test pilot Bill Fell, a retired Army pilot who has flown nearly every RAIDER test flight. "Every flight we take in our S-97 RAIDER today reduces risk and optimizes our FARA prototype, RAIDER X."
The development of X2 Technology and the RAIDER program has been funded entirely by significant investments by Sikorsky, Lockheed Martin and industry partners.
For additional information, visit our website: www.lockheedmartin.com/en-us/products/fara-raider-x.html
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
View original content to download multimedia:http://www.prnewswire.com/news-releases/sikorsky-introduces-raider-x-a-nextgen-light-attack-reconnaissance-helicopter-based-on-its-proven-x2-technology-300937613.html
SOURCE Lockheed Martin Corporation
Copyright 2019 PR Newswire
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