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Lockheed Martin To Upgrade Finnish Army MLRS Launchers

By Cal Biesecker

Thursday, May 19th, 2011

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Lockheed Martin [LMT] yesterday said it received a $45.3 million contract to upgrade 22 Finnish army M270 Multiple Launch Rocket System (MLRS) launchers, incorporating the Universal Fire Control System and other enhancements. The upgrade enables the launchers to fire precision GPS-guided munitions for the first time, the company said in a statement. “Finland has used MLRS products for four years, and the M270 launcher upgrade gives the Finnish Army a modernized fire control system and new artillery options…

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