24-05-2025
Lockheed Martin awarded $214.36M Army contract
Lockheed Martin (LMT) was awarded a $214.36M hybrid contract for the recapitalization of the Multiple Launch Rocket System into the M270A2 configuration. Bids were solicited via the internet with one received. Work has an estimated completion date of December 30, 2030. FY25 missile procurement, Army funds; fiscal 2025 Foreign Military Sales funds; FY24 cooperative partner funds in the amount of $214.36M, were obligated at the time of the award. Army Rapid Capabilities and Critical Technologies Office is the contracting activity.
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