This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lockheed Martin's JASSM® Extended Range Successfully Completes IOT&E Flight Testing

ORLANDO, Fla., May 13, 2013 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile (JASSM ®) Extended Range successfully completed U.S. Air Force Initial Operational Test and Evaluation (IOT&E) flight testing, scoring 20 successes in 21 flights, a success rate of 95 percent.

The JASSM-ER missiles demonstrated their effectiveness against a wide variety of operationally representative targets. The missiles were employed in all of the operational flight modes at the full range of release conditions. These missions were designed to validate the full operational capability for the B-1B/JASSM-ER weapon system.

"These flight tests demonstrate the operational effectiveness, suitability and overall mission capability of the JASSM-ER system," said Dave Melvin, long range strike systems program manager at Lockheed Martin Missiles and Fire Control. "The successful completion of the testing program was the final milestone before a planned full-rate production decision, expected later in 2013."

The successful completion of IOT&E testing follows several JASSM program milestones including:

  • Completion of Lot 6 baseline missile reliability assessment flights
  • Letter of offer and acceptance from the Republic of Finland to integrate JASSM onto its F/A-18 C/D aircraft
  • The U.S. Air Force Lot 10 contract award and integration on the U.S. Air Force F-15E.

JASSM is an autonomous, air-to-ground, precision-guided standoff missile designed to meet the needs of U.S. and allied warfighters. Armed with a penetrator and blast fragmentation warhead, JASSM cruises autonomously, day or night, in all weather conditions. The missile employs an infrared seeker and enhanced digital anti-jam GPS to find specific points on targets.

JASSM is integrated on the U.S. Air Force's B-1, B-2, B-52, F-16 and F-15E. Internationally, JASSM is integrated on the F/A-18A/B for the Royal Australian Air Force. Future integration efforts will focus on the U.S. and international versions of the Lockheed Martin F-35 Lightning II fighter aircraft and other international platforms such as the Finnish F/A-18 C/D.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs