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Lockheed Martin Awarded $445 Million GMLRS Unitary Follow-On Work

By Cal Biesecker

Thursday, June 16th, 2011

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Lockheed Martin [LMT] yesterday said it received a $445 million follow-on contract for Guided Multiple Launch Rocket System (MLRS) Unitary rockets from Army Aviation & Missile Command. This is the U.S. Army’s sixth purchase of the precision munition, with almost 2,000 GMLRS rockets fired in support of U.S. and allied military operations to date. The contract includes 735 GMLRS Unitary rocket pods, with six rockets per pod, and 508 Reduced-Range Practice Rocket pods for the Army and Marines,…

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