Alliant Techsystems, Lockheed Martin and Northrop Grumman to Pursue Multi-Role Weapons

Thu. July 24, 2008; Posted: 10:21 PM

BOSTON, Jul 24, 2008 (ASCRIBE NEWS via COMTEX) -- NOC | Quote | Chart | News | PowerRating -- Alliant Techsystems, Lockheed Martin, and the Northrop Grumman Corp. announced that they have signed a teaming agreement to jointly pursue the emerging market for advanced capability multi-role weapons.

According to company officials, this team provides any potential customer in this market with the product options that offer the best capabilities, schedule, and price available. This is achieved through the integration of the capabilities that the team provides across sensors, automatic target recognition, guidance navigation and control, air vehicles, propulsion, lethality, survivability, mission planning, platform integration, system engineering, and program management.

As the F-22 Raptor, F-35 Lightning II, unmanned aerial systems, and future aircraft platforms are fielded over the next decade, the team believes that an advanced multi-role weapon requirement will emerge in the future that covers both the air-to-air and air-to-ground missions. This team, with its current weapon programs and demonstrated advanced technology capabilities, is confident that it will offer the customer options to meet this need.

ATK is an aerospace and defense company.

Lockheed Martin is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Northrop Grumman Corp. is a global defense and technology company.

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Comments on this story may be sent to newsdesk@closeupmedia.com

For full details on Alliant Techsystems Inc (ATK) click here. Alliant Techsystems Inc (ATK) has Short Term PowerRatings of 6. Details on Alliant Techsystems Inc (ATK) Short Term PowerRatings is available at This Link.

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