Lockheed Inks $139 Million Rocket Systems Deal

Lockheed Martin (NYSE: LMT) won a $139.6 million contract to provide 44 combat-proven High Mobility Artillery Rocket Systems (HIMARS) to the Army.

Following completion of the order, the Army will hold 375 launchers.

“HIMARS brings soldiers an agile, responsive and accurate delivery system of extremely precise fires, ” said Col. David J. Rice, U.S. Army program manager for Precision Fires, Rocket and Missile Systems. “HIMARS continues to impress everybody with its performance and versatility, the system is reliable, robust and exceptionally effective in theater.”

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