Lockheed Martin has won a second multimillion-dollar Air Force contract to design a hypersonic weapon prototype, as the U.S. tries to match Russia and China in hypersonic development.
The award, which is “not-to-exceed” $480 million, comes four months after the Bethesda, Maryland-based defense giant won its first hypersonic weapons contract. Development will take place in Orlando, Florida, under Lockheed’s missiles and fire control unit and is expected to be completed by November 2021.
The Pentagon unveiled the deal Monday.
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