BAE Systems (BAESY) received a contract from Lockheed Martin (LMT) in December 2024 for additional radio-frequency sensors that provide critical guidance capabilities for the stealthy Long-Range Anti-Ship Missile. BAE Systems has been delivering RF sensors for the LRASM program since 2018. Under this new production contract, BAE Systems will deliver RF sensors through 2030. The large-lot procurement helps the government to build a capable maritime strike arsenal while reducing acquisition costs.
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