Lockheed (LMT) Wins $227M Deal for Army Tactical Missile System
LMTLockheed Martin(LMT) ZACKS·2024-07-08 21:00

Lockheed Martin Corp. (LMT) recently secured a contract to procure Army Tactical Missile System (“ATACMS”) guided missile and launching assembly. The Army Contracting Command, Redstone Arsenal, AL, has provided the award.Valued at $226.9 million, the contract is expected to be completed by Dec 30, 2028. Work related to this deal will be executed in Grand Prairie, TX.The contract will serve the governments of Estonia, Latvia, Lithuania, Morocco and Poland.Rising Missile Demand & LockheedRapidly increasing ge ...