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The AGM-183 ARRW ("Air-Launched Rapid Response Weapon") is [5] a hypersonic air-to-ground ballistic missile planned for use by the United States Air Force. Developed by Lockheed Martin , the boost-glide vehicle is propelled to a maximum speed of more than Mach 5 [ 6 ] by a rocket motor before gliding toward its target.
Dynetics will build the hypersonic glide vehicle while Lockheed Martin will build the booster as well as assemble the missile and launch equipment. [10] The C-HGB has been successfully tested, in October 2017, March 2020, [11] [12] 28 June 2024, [13] and 12 December 2024. [14] The missile had been planned to enter service with the Army in 2023 ...
Why Lockheed Martin Stock Is Losing Ground Today. Lou Whiteman, The Motley Fool. October 22, 2024 at 10:54 AM ... The company raised its full-year 2024 earnings forecast to $26.65 per share, from ...
[14] [15] It is designed to be smaller than the AGM-183 ARRW and able to fly along “vastly different trajectories” than the boost-glide ARRW. [ 16 ] The system will give the US military "tactical flexibility to employ fighters to hold high-value, time-sensitive targets at risk, while maintaining bombers for other strategic targets."
Does the recent dip in the share price make it attractive, given the risk/reward outlook?
Today's Research Daily features new research reports on 16 major stocks, including Bank of America Corporation (BAC), AT&T Inc. (T) and Lockheed Martin Corporation (LMT).
Lockheed Martin (LMT) closed at $383.24 in the latest trading session, marking a -1.33% move from the prior day.
Lockheed Martin manages and maintains its relationship with these touch workers through its supervisors and unions. [158] Lockheed Martin manages employees through its Full Spectrum Leadership and LM21 programs. [159] The LM21 program relies on Six Sigma principles, which are techniques to improve efficiency.