Lockheed (LMT) Secures $221M Contract to Aid MLRS Program
LMTLockheed Martin(LMT) zacks.com·2024-05-18 01:31

Lockheed Martin Corp. (LMT) recently clinched a modification contract for providing Multiple Launch Rocket System (MLRS) requirements. The award has been offered by Army Contracting Command, Redstone Arsenal, AL.Valued at $221.2 million, the contract is expected to be completed by Apr 30, 2028. The work related to this deal will be executed in Grand Prairie, New Boston, TX and Camden, AK.What’s Favoring Lockheed?Nations are reinforcing their military capabilities to strengthen their defense structure in the ...