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Lockheed Martin gets Lot 2 production contract for LRASM

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Lockheed Martin had been given a contract by the U.S. Air Force for long range anti-ship missile (LRASM) Lot 2 production contact.

Lockheed Martin’s Long Range Anti-Ship Missile successfully completed another dual-missile test, demonstrating its ability to provide critical capabilities to warfighters. (PRNewsfoto/Lockheed Martin)

The company will have to churn out 50 missiles by end of 2021 in return for $172 million.

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