Home / Contract Awards / Army Issues $723M Modification on Lockheed Hellfire II Missile Contract

Army Issues $723M Modification on Lockheed Hellfire II Missile Contract

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $723.5M contract modification to provide multiple variants of the Hellfire II missile system.

Lockheed will deliver missiles to domestic and foreign military sales customers that include Lebanon, Netherlands and France, the Department of Defense said Thursday.

Hellfire II uses a semi-active laser guidance technology and performs air-to-ground strike missions with the Army platforms such as the AH-64 Apache, OH-58 Kiowa Warrior and MQ-1C Gray Eagle.

The company will perform contract work in Orlando through Sept. 30, 2022, and receive the full amount of the modification at the time of award.

Check Also

Former Lockheed, ULA Exec Kent Lietzau Named SEAKR Business Dev’t Lead

Kent Lietzau, former vice president of strategy and business development at United Launch Alliance, has joined SEAKR Engineering as head of business development. He will oversee growth efforts across the space electronics manufacturing company's government, civil and commercial businesses, SEAKR said Friday.

Bechtel Subsidiary Gets $1.4B in Contract Modifications for Naval Nuclear Propulsion Components

Bechtel subsidiary has been awarded three contract modifications worth $1.43B combined to provide nuclear power plant components for U.S. Navy submarines and aircraft carriers.