Lockheed awarded $218M contract
Monday, September 17, 2018
CAMDEN — The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $218 million contract to produce High Mobility Artillery Rocket System (HIMARS) launchers and associated hardware for an international customer, states a news release. With this procurement, HIMARS is now in the inventories of four international partners.
The news release states that the contract calls for the delivery of 18 HIMARS launchers and associated equipment by December 2020. The HIMARS vehicles will be produced from the ground up at Lockheed Martin’s award-winning Camden, Arkansas, Precision Fires Center of Excellence.