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Lockheed Martin Receives $362 Million Army Deal To Recapitalize 50 MLRS Launchers

Matthew Beinart By
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Lockheed Martin Receives $362 Million Army Deal To Recapitalize 50 MLRS Launchers

Lockheed Martin [LMT] has received a $362 million deal from the Army to recapitalize 50 Multiple Launch Rocket System (MLRS) launchers, the Pentagon said Monday. The deal is an initial step towards the Army’s goal to eventually upgrade its fleet of 225 MLRS M270A1 and 160 previously decommissioned M270A0’s to the latest M270A2 iteration. "This investment to upgrade the MLRS launcher fleet reflects our customers continued confidence in our ability to provide a combat-proven precision strike system from the ground…

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