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Army

Army Awards Lockheed Martin Over $800 Million In Deals For HIMARS, M270 Launchers

By Matthew Beinart

Monday, May 1st, 2023

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Army Awards Lockheed Martin Over $800 Million In Deals For HIMARS, M270 Launchers

A High Mobility Artillery Rocket System (HIMARS) rocket launch.

The Army on April 28 awarded Lockheed Martin [LMT] more than $800 million in deals for High Mobility Artillery Rocket System (HIMARS) and M270 Multiple Launch Rocket Systems (MLRS) launchers. The new awards include a $615 million HIMARS production order covering deliveries for the Army and international customers and a $194.1 million contract to recapitalize M270 launchers to the upgraded A2 configuration for the U.S., Italy and the U.K., Lockheed Martin said. “The increased demand for our precision fires products,…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]