
Lockheed Martin [LMT] has received a new $1.1 billion order from the Army for the production of more than 9,000 Guided Multiple Launch Rocket Systems (GMLRS) and 2,000 practice rockets. The new contract arrives after the company completed the second successful flight test of the new Extended Range GMLRS (ER-GMLRS) on March 25, reaching a range of over 135 kilometers. “GMLRS remains in high demand because it’s the right round for multiple types of missions. Our focus remains on producing…