Lockheed Martin Unveils Two New Missiles

By | March 12, 2007 | Uncategorized

Lockheed Martin Corp. [LMT] unveiled two new missiles, the DAGR and P44, developed with company funding leveraging existing technologies to fill battlefield needs.

The Direct Attack Guided Rocket, DAGR, is envisioned to defeat targets in urban operations, a 2.75-inch guided rocket system, compatible with Hellfire II.

“Any platform that can fire Hellfire can fire this system without any additional training, or any additional modification,” Bob Harnish, DAGR program manager for Lockheed Martin Missiles and Fire Control, said at a briefing at the Association of the United States Army winter symposium here.

This was a “significant effort for the corporation over the course of the past year,” said Rick Edwards, vice president Tactical Missiles, at Lockheed Martin Missiles and Fire Control.

“We are building more rockets…and will have some available in the next few months for potential customers.”

Lockheed Martin sees a large, worldwide market for DAGR. “We believe we’re going to be selling a lot of these,” he said.

The objective price in quantity would result in an average unit production cost of less than $10,000, about eight times less than the cost of Hellfire, Edwards said.

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