The Army has awarded Lockheed Martin [LMT] a production order for Guided Multiple Launch Rocket System (GMLRS) worth nearly $4.8 billion, the Pentagon announced Thursday evening.
The deal covers Lots 18 and 19 production for GMLRS rockets, with work expected to be completed by the end of October 2026.
Photo: Lockheed Martin
GMLRS rockets are fired from MLRS M270 launchers and the High Mobility Artillery Rocket System (HIMARS) launchers, both built by Lockheed Martin.
Lockheed Martin said recently it aims to build 10,000 GMLRS rockets annually at its Camden, Ark. facility, as the Army ramps up production to continue supplying Ukraine and replenishing its own munitions stocks (Defense Daily, April 13).
The Army is also seeking Congress’ approval to award a new multi-year deal for GMLRS in FY 24, which it has said would result in cost savings of $67.6 million, or 2.5 percent, compared to awarding contracts annually (Defense Daily, April 13).