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Army

Lockheed Martin Receives GMLRS Production Order Worth Nearly $4.8 Billion

By Matthew Beinart

Thursday, April 27th, 2023

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Lockheed Martin Receives GMLRS Production Order Worth Nearly $4.8 Billion

GMLRS Alternative Warhead Firing Photo: Lockheed Martin

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. 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…

Congress

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Missile Defense

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Missile Defense

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Space

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