Lockheed Martin Awarded $22 Million for Paveway II Plus Laser-Guided Bombs
December 18, 2017 | Lockheed MartinEstimated reading time: 1 minute
Lockheed Martin received a $22.8 million contract from the U.S. Air Force on behalf of the U.S. Navy to produce Paveway II Plus Laser Guided Bomb (LGB) kits.
The award includes guidance kits and air foil groups (tail kits) for GBU-12 (500 pound) configuration LGBs, slated for delivery by fourth quarter 2019.
The contract is a follow-on to the U.S. Air Force's $131 million fiscal year 2017 LGB award. In that competition, Lockheed Martin secured the ninth consecutive majority share of available funding in the annual U.S. Air Force competition.
"Paveway II Plus LGBs from Lockheed Martin meet the U.S. Navy's warfighting needs in today's challenging operational environment," said Joe Serra, Precision Guided Systems director at Lockheed Martin Missiles and Fire Control. "We are proud to be able to meet the increased demand at a delivery rate that enables successful naval aviation operations across the globe."
Paveway II Plus includes an enhanced guidance package that improves accuracy over legacy LGBs. Lockheed Martin has been a qualified supplier of Paveway II LGB kits since 2001, and has delivered more than 100,000 kits to customers.
In addition to the Paveway II Plus LGB, Lockheed Martin's 350,000-square-foot production facility in Archbald, Pennsylvania, is the sole provider of the Enhanced Laser Guided Training Round and Paragon™ direct attack munition. Lockheed Martin has delivered more than 160,000 training rounds and 7,000 dual-mode LGB kits to the U.S. Navy, Marine Corps, Air Force and 24 international customers.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Nortech Systems Incorporated Earns AS9100 Certification for Monterrey, Mexico Facility
11/04/2025 | BUSINESS WIRENortech Systems, Incorporated, a leading provider of design and manufacturing solutions for complex electromedical devices and electromechanical systems, announced that its Monterrey, Mexico, facility has achieved AS9100:D certification.
PsiQuantum, Lockheed Martin Form Strategic Collaboration to Accelerate Quantum Computing for Aerospace and Defense
11/04/2025 | BUSINESS WIREPsiQuantum and Lockheed Martin have signed a memorandum of understanding (MoU) to accelerate the development of quantum computing applications in aerospace and defense.
Aircraft Wire and Cable Market to surpass USD 3.2 Billion by 2034
10/30/2025 | Global Market Insights Inc.The global aircraft wire and cable market was valued at USD 1.8 billion in 2024 and is estimated to grow at a CAGR of 5.9% to reach USD 3.2 billion by 2034, according to recent report by Global Market Insights Inc.
Honeywell Announces Updated Business Segment Structure Ahead Of Aerospace Spin-Off
10/28/2025 | HoneywellHoneywell announced its updated business segment structure ahead of the planned separation of its Aerospace Technologies business, expected in the second half of 2026, and its Solstice Advanced Materials business, expected to be completed on October 30, 2025.
Lockheed Martin Signs Strategic Partnership Framework with Korean Air
10/28/2025 | Lockheed MartinLockheed Martin is collaborating with Korean Air to explore opportunities to support the U.S. government’s (USG) Regional Sustainment Framework (RSF) initiative, as well as expand Maintenance, Repair, Overhaul & Upgrade (MROU) cooperation to third-country markets.