Company continues unprecedented progress to
advance Next Generation Interceptor program
HUNTSVILLE, Ala., Feb. 28,
2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT)
successfully completed a Missile Defense Agency (MDA) acquisition
milestone for the nation's modernized long range ballistic missile
interceptor. The company completed the first Knowledge Point –
known as KP1 – ahead of schedule, taking a major contractual step
forward that allows its Next Generation Interceptor (NGI) program
to continue development towards the Critical Design Review
(CDR).
During KP1, the MDA evaluated Lockheed Martin's development
progress to date. This includes completing design review milestones
and demonstrating significant maturation across critical
technologies, manufacturing readiness, and utility of the company's
NGI Software Factory. This KP1 achievement follows the program's
All Up Round Preliminary Design Review, which Lockheed Martin
executed on-schedule in September.
"I'm proud of the technical rigor our Lockheed Martin and
industry team demonstrated. We proved at KP1 that we have reached a
level of maturity unprecedented at this stage of a missile defense
program," said Sarah Reeves, vice
president of NGI at Lockheed Martin. "With MDA's approval, we have
turned a corner into our detailed design phase and will keep
testing our integrated NGI hardware and software in preparation for
production and flight testing."
The company remains on its accelerated path to the next
engineering milestone, CDR. Current work includes building ground
test vehicles and virtually flying the interceptor during system
integration trials, enabled by our digital engineering tool
suite.
NGI is designed to deter and defeat evolving rogue-nation long
range ballistic missile threats to the U.S. homeland. The first
Lockheed Martin NGI is forecast for delivery to the warfighter as
early as Fiscal Year 2027.
About Lockheed Martin
Lockheed Martin is a global
defense technology company driving innovation and advancing
scientific discovery. Our all-domain mission solutions and 21st
Century Security vision accelerate the delivery of transformative
technologies to ensure those we serve always stay ahead of ready.
More information at www.Lockheedmartin.com.
The views expressed are those of the Lockheed Martin
Corporation and do not constitute an endorsement by the Missile
Defense Agency (MDA).
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SOURCE Lockheed Martin