
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…