LMT - Lockheed Martin bags $194.12M Army contract
2023-05-01 01:38:07 ET
- Lockheed Martin ( NYSE: LMT ) was awarded a $194.12M hybrid contract to recapitalize Multiple Launch Rocket Systems into the M270A2 configuration.
- Bids were solicited via the internet with one received.
- Work has an estimated completion date of Sept. 30, 2027. FY23 missile procurement, Army funds; FY22 Foreign Military Sales and FY23 Foreign Military Sales funds in the amount of $194.12M were obligated at the time of the award.
- U.S. Army Contracting Command is the contracting activity.
- Earlier, Lockheed Martin awarded a $615.95M modification contract for production of High Mobility Artillery Rocket ; Lockheed Martin awarded $7.8B modification contract for 126 F-35 aircraft production and delivery by U.S. government .
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Lockheed Martin bags $194.12M Army contract