Lockheed Martin Markets Kongsberg NSM Missile

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Lockheed Martin (NYSE: LMT) and Kongsberg Defence & Aerospace (Kongsberg) of Norway have entered into a Joint Marketing Agreement to market an air-launched version of the Naval Strike Missile. The 1,000 pound stealthy missile, to be called the Joint Strike Missile (JSM), is designed to be carried internally and launched externally from the F-35 Lightning II aircraft, striking surface or land targets at ranges of up to 130 nautical miles with high precision.

The JSM uses a titanium warhead and programmable fuze to augment its effectiveness against hardened targets. The missile's guidance employs Global Positioning System/Inertial Navigation System (GPS/INS) guidance with an imaging infrared seeker and an automatic target recognizer (ATR). JSM is equipped with an in-flight data link enabling the operator to update the missile's target data in flight.