PRnewswire:
SYRACUSE, N.Y., Oct. 19, 2017 /PRNewswire/ — The Department of Defense Ordnance Technology Consortium (DOTC) awarded Lockheed Martin (NYSE: LMT) a contract for the technology maturation of Lower Tier Air & Missile Defense Sensor (LTAMDS) prototypes.
DOTC, commissioned by the Under Secretary of Defense for Acquisition, Technology and Logistics, is a DoD initiative intended to facilitate collaboration between the government, industry and academia for technology development and prototyping. The funding from DOTC is used for technology development efforts that will further define performance requirements, mature technology and reduce risk for the LTAMDS program…
