Lockheed Martin

April 29, 2023

US Army Awards Lockheed Martin $615M Production Contract for Domestic and International HIMARSDALLAS, April 28, 2023 – The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $615 million full-rate production contract to manufacture additional HIMARS launchers and associated equipment. Lockheed Martin builds HIMARS at its Precision Fires Center of Excellence in Camden, Arkansas. "We are working closely with our customer and suppliers to ramp production capacity and meet the urgent need for this combat-proven launcher,” said Jay Price, vice president of Precision Fires for Lockheed Martin Missiles and Fire Control. “The increased demand for our Precision Fires products, like HIMARS and GMLRS, demonstrates the significant impact these game changing capabilities are having for our customers,” said Paula Hartley, vice president of Tactical Missiles for Lockheed Martin Missiles and Fire Control. About Lockheed MartinHeadquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

The source of this news is from Lockheed Martin