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Army Awards Lockheed Martin Over $800 Million In Deals For HIMARS, M270 Launchers

Army Awards Lockheed Martin Over $800 Million In Deals For HIMARS, M270 Launchers
A High Mobility Artillery Rocket System (HIMARS) rocket launch.

The Army on April 28 awarded Lockheed Martin [LMT] more than $800 million in deals for High Mobility Artillery Rocket System (HIMARS) and M270 Multiple Launch Rocket Systems (MLRS) launchers. The new awards include a $615 million HIMARS production order covering deliveries for the Army and international customers and a $194.1 million contract to recapitalize M270 launchers to the upgraded A2 configuration for the U.S., Italy and the U.K., Lockheed Martin said. “The increased demand for our precision fires products,…

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