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Thursday, January 31, 2008

Lockheed Martin Receives $512 Million Contract for High Mobility Artillery Rocket System, Guided Multiple Launch Rocket System

Lockheed Martin has received a $512 million contract to provide the High Mobility Artillery Rocket System (HIMARS) and the Guided Multiple Launch Rocket System (GMLRS) to the U.S. Army and to the U.S. Marine Corps.

Work on the contract will be performed at the company’s facilities in Camden, AR, and Grand Prairie, TX, and is scheduled for completion in 4th quarter 2010. Specific quantities of vehicles and rockets were not disclosed.

"The HIMARS system brings much more mobile and lethal dimension to Soldiers and Marines," said Lt. Col. John Chicoli, U.S. Army Precision Guided Munitions and Rockets Product Manager.

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