Lockheed Martin secures $2.77B U.S. Army contract
Lockheed Martin has been awarded a ~$2.77B hybrid (cost-plus-fixed-fee and firm-fixed-price) contract. The contract is for Guided Multiple Launch Rocket Systems (‘GMLRS’) Alternative Warhead rocket pods, GMLRS Unitary Warhead rocket pods, Low-Cost Reduced Range Practice rocket pods, cybersecurity services, integrated product support and other services. Work locations and funding to be determined with each order, with an estimated completion date of Oct. 31, 2024.
Source: Lockheed Martin secures $2.77B U.S. Army contract | Seeking Alpha