Author: Jane Edwards|| Date Published: March 29, 2021
Lockheed Martin (NYSE: LMT) has received a potential $2.76 billion contract from the U.S. Army to provide rocket pods for the service’s Guided Multiple Launch Rocket Systems.
The company will supply low-cost reduced range practice, unitary and alternative warhead rocket pods for GMLRS, cybersecurity and integrated product support services under the cost-plus-fixed-fee, firm-fixed-price contract, the Department of Defense said Friday.
Army Contracting Command received one offer for the hybrid contract and expects work to run through Oct. 31, 2024. The service will obligate funds and announce work locations upon award of each task order.
GMLRS munitions offer surface-to-surface, precision strike capability and can be fired from High Mobility Artillery Rocket System and M270 launchers.
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…
AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…