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Lockheed Secures $2.8 Billion From Army To Deliver Up To 311 HIMARS Through FY ‘28

Lockheed Secures $2.8 Billion From Army To Deliver Up To 311 HIMARS Through FY ‘28
A High Mobility Artillery Rocket System (HIMARS) rocket launch.

Lockheed Martin [LMT] recently secured a pair of Army contracting actions totaling $2.8 billion to deliver up to 311 High Mobility Artillery Rocket System (HIMARS) launchers through fiscal year 2028.  The Army first awarded the company an $861.3 million production contract in early May to procure up to 96 HIMARS, and then on June 3 extended the contract ceiling with a $1.93 billion modification covering up to 215 additional launchers to be ordered between FY ‘25 and ‘28. “The current…

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