Lockheed (LMT) Clinches a $1.9 billion Contract for HIMARS
LMTLockheed Martin(LMT) ZACKS·2024-06-05 22:25

Lockheed Martin Corp. (LMT) recently secured a modification contract for High Mobility Artillery Rocket Systems (“HIMARS”). The award has been provided by the Army Contracting Command, Redstone Arsenal, AL. Valued at $1.93 billion, the contract is expected to be completed by May 31, 2028. What’s Favoring Lockheed? Nations across the globe are reinforcing their military capabilities to strengthen their defense structure in the rapidly evolving threat environment worldwide. Since missiles play a very importan ...