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LOCKHEED MARTIN AWARDED $385.6 MILLION ARROWHEAD PRODUCTION CONTRACT
ORLANDO,
The U.S. Army Aviation and Missile Command has awarded Lockheed Martin [NYSE: LMT] the Lot 3 follow-on production contract for Arrowhead(R), the “eyes of the Apache.” Developed by Lockheed Martin, Arrowhead is the Army’s Modernized Target Acquisition and Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) for the AH-64 Apache attack helicopter.
The $385.6 million agreement authorizes production of 219 Arrowhead kits plus spares for the U.S. Army and foreign military sales. Lockheed Martin Missiles and Fire Control will produce the Lot 3 systems in Orlando and Ocala, FL. The final deliveries for the U.S. Army’s AH-64 Apache helicopters and international customers will be in December 2010.
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