The aerospace giant intends to invest hundreds of millions of dollars of its own cash in the missile alone, alongside additional investments in its seeker and solid rocket motor, said Tim Cahill, president of Lockheed's missiles and fire control division.
Lockheed Martin and Raytheon had been closing watching the Army's Lower-Tier Future Interceptor program, but the cancelation of that effort comes as little surprise, company officials said.
AI is reshaping the Army’s approach to cyber, electronic warfare and command and control. At TechNet Augusta 2026, leaders outlined how they’re turning emerging technology into capabilities for the battlefield.