Lockheed gets $8.4M contract mod to support DARPA projectile project
- By Mark Hoover
- Feb 22, 2016
Lockheed Martin has been awarded an $8.4 million contract modification to exercise Phase I of the Defense Advanced Research Projects Agency’s Multi Azimuth Defense Fast Intercept Round Engagement System, or MAD-FIRES, program.
The goal of the MAD-FIRES program is to design and develop technologies associated with a medium-caliber guided projectile that would combine the guidance, precision and accuracy generally afforded by missiles with the speed, rapid-fire capability and large ammunition capacity afforded by bullets, DARPA said on its website.
Phase I entails preliminary risk reduction demonstrations to identify and mature critical enabling technologies, the Defense Department said in a release.
This modification brings the total value of the contract overall to $14.9 million.
Mark Hoover is a senior staff writer with Washington Technology. You can contact him at email@example.com, or connect with him on Twitter at @mhooverWT.