Lockheed to Produce Additional Hypersonic Weapon Batteries Under $756M Army Contract

Lockheed Martin (NYSE: LMT) has secured a $756 million contract from the U.S. Army to produce additional battery equipment for a ground-based hypersonic strike weapon system.

The contract also covers the provision of logistics and systems and software engineering services in support of the Long Range Hypersonic Weapon system, the defense contractor said Friday.

The Department of Defense said in a separate announcement that work will occur at Lockheed’s facility in Huntsville, Alabama, through Feb. 28, 2028.

Army Contracting Command obligated $275.3 million in the service branch’s fiscal 2023 missile procurement funds at the time of award.

“With this contract, we will support the U.S. Army to sustain the Long Range Hypersonic Weapon System currently in the hands of U.S. soldiers, produce additional batteries for future fielding, and support flight testing,” said Steve Layne, vice president of hypersonic strike weapon systems at Lockheed.

In October 2021, the Army received equipment, including a battery operations center and four transporter erector launchers, for the initial LRHW battery.

LRHW, also known as Dark Eagle, is a surface-to-surface long-range strategic fires system capable of launching the common hypersonic all up round missiles designed by the U.S. Navy.

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