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Army

Lockheed Martin To Develop New GMLRS Variant

By Cal Biesecker

Wednesday, April 25th, 2012

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Lockheed Martin [LMT] yesterday said it received a $79.4 million contract from the Defense Department to develop a new variant of the Guided Multiple Launch Rocket System (GMLRS) that incorporates a new warhead. GMLRS is an all-weather, precision-guided rocket that provides increased accuracy thus reducing the number of rockets necessary to defeat current targets. Under the contract, the GMLRS Alternative Warhead Engineering and Manufacturing Development Program will run 36 months, and focus on system performance, warhead qualification and the ability…

Congress

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Congress

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Congress

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