Lockheed Martin has secured a $615 million full-rate production contract from the U.S. Army to produce more High Mobility Artillery Rocket System launchers and related equipment.
The contract will be fulfilled at Lockheed Martin’s Precision Fires Center of Excellence in Camden, Arkansas, and is expected to enhance the military branch’s fleet of launchers, as well as meet the requirements of international partners.
HIMARS provides mobile and long-range firepower support in Joint All-Domain Operations and can be transported by large aircraft for rapid deployment requirements. Lockheed Martin had previously received contracts to expedite HIMARS production and increase manufacturing capacity.
The recent deal follows the growing demand for the company’s Precision Fires products, which have made significant impacts on customers, according to Paula Hartley, vice president of tactical missiles at Lockheed Martin Missiles and Fire Control.
“We are proud to partner with the Army as they move forward with unprecedented speed and agility to meet the urgent need and deliver these systems,” she added.