Lockheed Martin CEO Marillyn Hewson said the company is developing various hypersonic weapons through military contracts worth approximately $2.5B combined, USNI News reported Tuesday.
Hewson said Tuesday at the company“™s earnings call Lockheed has been investing in hypersonics development for years to deliver capabilities as the U.S. military faces threats posed by Russia and China.
“It“™s clearly a need for us to not only address hypersonics but also counter-hypersonics as well,“ she added.
Hewson, a 2019 Wash 100 winner, said Lockheed secured a contract from the U.S. Navy in February to work on the service branch“™s conventional prompt global strike concept in support of the hypersonic boost-glide weapon development program.
“This order follows three previous awards the corporation has received in hypersonic weapons: the tactical boost-glide contract; the hypersonic conservational strike, or HACKSAW program; and the air-launched rapid response, or Arrow, program,“ she added.