Aerospace Group:

Army

Lockheed Martin Wins $603 Million In GMLRS, HIMARS Work

DDN

Tuesday, February 3rd, 2009

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Lockheed Martin [LMT] yesterday said it received contracts totaling $603 million from the Army Aviation & Missile Command for the Guided Multiple Launch Rocket System (GMLRS) and the High Mobility Artillery Rocket System (HIMARS). Work on the contract will be done at the company's facilities in Camden, Ark., and Grand Prairie, Texas, with the last contract scheduled for completion in the last part of 2011. "In theater, the GMLRS Unitary rocket has earned the nickname 'The 70-kilometer Sniper Rifle,' and…

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