For the JAGM contract, Lockheed provides a 27-month technology developmentprogram that includes design, test and demonstration of joint air-to-ground missile system that significantly enhances warfighters operational flexibility and combat effectiveness.
Now, in the same month when the U.S. Treasury named six New York based Iranian front companies who move money for the proliferation of sanctioned weapons technology to Iran's nuclear program, Venezuela and Iran have inaugurated a joint bank to fund development projects.