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  • Friday, April 26, 2024

Lockheed Prime on Proposed $406M Rocket, Missile Sale

056_lockheedmartinLockheed Martin (NYSE: LMT) is the prime contractor on a proposed $406 million foreign military sale of rockets, missiles and launchers to Qatar.

The Defense Security Cooperation Agency said Qatar intends to use the weapons for securing critical infrastructure in the country.

Qatar asked for seven launchers containing a fire control system, 60 tactical missiles, 360 multiple launch unitary rockets and 180 practice rockets.

The sale also includes an artillery tactical data system and wheeled vehicles.

If the sale goes through, two contractor representatives will travel to Qatar for at least one year to support delivery and help familiarize personnel with the equipment.

 

Recent coverage of foreign military sales involving Lockheed

Lockheed Wins $563M for 20 F-16s, Foreign Sales Included

Lockheed Prime on Proposed $421M Japan Aegis Upgrade Sale

Lockheed, Raytheon, CAE on Winning $686M Seahawk Sale Team

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