Lockheed (LMT) Secures a $861M Contract to Build HIMARS
LMTLockheed Martin(LMT) Zacks Investment Research·2024-05-15 21:40

Lockheed Martin Corp. (LMT) recently clinched a contract involving High Mobility Artillery Rocket Systems (HIMARS). The award has been provided by the Army Contracting Command, Redstone Arsenal, AL. Valued at $861.3 million, the contract is expected to be completed by May 31, 2026. Per the terms of the deal, Lockheed will manufacture HIMARS and provide the supporting services associated with it. What’s Favoring Lockheed? Nations are reinforcing their military capabilities to strengthen their defense structu ...