Home / Contract Awards / Lockheed Secures $353M for Rocket Launch Systems

Lockheed Secures $353M for Rocket Launch Systems

Lockheed Martin Corp.’s (NYSE: LMT) missiles and fire control business recently won a $353,191,632 U.S. Army contract for multiple rocket launch systems, the Defense Department announced Wednesday.

The contract follows an April award worth $79.4 million to design a variant of the guided multiple launch rocket system to incorporate into a new warhead.

Under the new award, the company will provide the branch with:

  • guided multiple launch rocket system full-rate production VII unitary pods
  • reduced range rocket pods
  • download/demate pods
  • integrated logistics support services.

Work will be performed in Dallas, Texas; Camden, Ark. Orland, Fla. and Lufkin, Texas.

The Pentagon expects Lockheed to complete the project by Dec. 29, 2014.

The U.S. Army Contracting Command, Redstone Arsenal, Ala., is the contracting activity.

Check Also

GovConIndexUP

May 31 Morning Report: GovCon Index, Major US Markets Post Gains

The GovCon Index closed Friday with a 0.395-percent gain, climbing 0.309 points to 78.504. CSRA (NYSE: CSRA) …

GovConIndexUP

May 27 Market Close: GovCon Index Ends the Week in the Positive

The GovCon Index closed up 0.309 points to 78.504 with CSRA (NYSE: CSRA) rebounding from the …

Subscribe to our Newsletter
I will subscribe later