Lockheed Nets $31M Air Force Bombs Contract

Law360, Washington (January 28, 2014, 6:15 PM EST) -- Lockheed Martin Corp. on Tuesday said the U.S. Air Force has awarded the company a $31.1 million contract to continue its production of laser-guided bomb kits, the seventh such award for the production currently underway at the company's Archbald, Pa., facilities.

The follow-on contract for production of Paveway II Plus Laser Guided Bomb kits represents the majority share award of available fiscal year 2013 funding, the company said in a statement. Deliveries under the contract include computer control and airfoil groups for the so-called GBU-10 and...
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