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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.
Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.
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 ...
Lockheed Martin now trades at slightly more than 20 times the midpoint of management's free-cash-flow (FCF) guidance. While the recent rise in the stock price is justified given some derisking on ...
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By May 2017, the extended-range Boeing RGM-84 Harpoon and Lockheed Martin AGM-158C LRASM had been withdrawn from the Navy's Over-the-Horizon Weapon System (OTH-WS) competition, leaving the NSM as the only remaining contender. [18] On 31 May 2018, the Navy officially selected the NSM to serve as the LCS' OTH anti-ship weapon.
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