ARCHBALD, PA, May 5, 2005 -- Lockheed Martin [NYSE: LMT] successfully tested Dual Mode Guided Bombs (DMGB) at the U.S. Navy’s China Lake test range. The weapons were released from Navy aircraft and maneuvered through controlled flight and target impact as planned, achieving mission success. The new Lockheed Martin DMGB gives warfighters the versatility of selecting the ideal guidance mode for specific targets without multiple weapons in inventory. This capability was previously only available on very expensive precision guided weapons. “The DMGB brings the warfighter high accuracy and versatility at an unprecedented low price,” said Cynthia Sailar, vice president and...