Aerospace Group:

Army

Army Awards Lockheed Martin $4.24 Billion Deal For GMLRS Production

By Matthew Beinart

Thursday, August 14th, 2025

SHARE:

Army Awards Lockheed Martin $4.24 Billion Deal For GMLRS Production

GMLRS Alternative Warhead Firing Photo: Lockheed Martin

The Army on Thursday awarded Lockheed Martin [LMT] a $4.24 billion deal for Guided Multiple Launch Rocket System (GMLRS) production. Work on the production order is expected to be completed by October 2027, according to the Pentagon, and the deal brings the total value of Lockheed Martin’s current GMLRS contract to $13.3 billion. The Army last October awarded Lockheed Martin a multi-year GMLRS contract initially worth up to $4.1 billion, with the deal covering the first production order for the…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]