$142M to Lockheed Martin for AH-64 Apache Helicopter Arrowhead Sensors

AH-64 Apachewith Arrowhead sensor(click to view full) Lockheed Martin Missile and Fire Control received a $142 modification to a firm-fixed-price contract for 55 Arrowhead kits for U.S. Army AH-64 Apache helicopters and kits for several international customers. Arrowhead is an advanced electro-optical and fire control system that AH-64 Apache helicopter pilots use for combat targeting of their Hellfire missiles and other weapons, as well as safe flight in day, night, or bad weather missions. Arrowhead’s forward-looking infrared (FLIR) sensors use advanced image processing techniques to give pilots the best possible resolution to avoid obstacles such as wires and tree limbs during low-level flight. The 6 Arrowhead contract Lots awarded to Lockheed Martin include… Lockheed Martin rolled out the first Arrowhead system to the U.S. Army in May 2005 and completed integration on the first Apache helicopters in June 2005. Over 850 systems will have been delivered with the completion of the Lot 6 contract, which extends production through December 2011. Here is a breakdown of the dates, values and quantities of the 6 Lots awarded so far under this contract: * Lot 1: $260 million for 55 units (awarded Nov 11/03); * Lot 2: $247 million for 97 units (awarded […]