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Army Awards Lockheed Martin $214.7 Million To Restore 40 More M270 MLRS Launchers

Matthew Beinart By
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Army Awards Lockheed Martin $214.7 Million To Restore 40 More M270 MLRS Launchers

Lockheed Martin [LMT] has received a new $214.7 million order from the Army to upgrade and restore 40 more Multiple Launch Rocket System (MLRS) M270 launchers.  The latest deal follows an initial $362 million order to restore 50 decommissioned launchers in 2019 and $226 million in 2020 for 44 launchers, bringing the total order to date up to 134 systems.  "The complete restoration and upgrade will return the system to a zero-time condition and ensure the M270-series launcher remains highly…

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