Lockheed Martin Wins Joint Common Missile Program, Valued at Approximately Five Billion Dollars
Lockheed Martin has been selected to develop the Joint Common Missile (JCM) system, the next generation air-to-ground missile that will be carried on U.S. Armed Forces rotary- and fixed-wing platforms. The contract is worth approximately five billion dollars over the life of the program. Lockheed Martin received an initial contract valued at $53 million to commence work on the program's system design and development (SDD) phase.
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