U.S. Army Awards Lockheed Martin $445 Million Contract for Precision Strike GMLRS Rockets

Lockheed Martin LMT has received a $445 million follow-on contract for Guided Multiple Launch Rocket System Unitary rockets from the U.S. Army Aviation & Missile Command. This is the U.S. Army's sixth purchase of the precision munition, with almost 2,000 GMLRS rockets fired in support of U.S. and allied military operations to date. The contract includes 735 GMLRS Unitary rocket pods (six rockets per pod) and 508 Reduced-Range Practice Rocket pods for the U.S. Army and U.S. Marine Corps, as well as GMLRS pods for Foreign Military Sales (FMS) customers including Japan, Jordan, Singapore and the United Arab Emirates. Specific numbers of rocket pods for the FMS customers were not disclosed. Work on the contract will be performed at the company's facilities in Camden, Ark., and Dallas, Texas. Deliveries are scheduled to begin in December 2012. "Our enemies fear the precision that GMLRS delivers," said Lt. Col. Drew Clanton, the GMLRS Product Manager at the U.S. Army's Precision Fires, Rockets and Missiles program management office in Huntsville, Ala. "U.S. forces can increase their standoff distances without losing accuracy, which is paramount to our efforts to destroy threats while limiting collateral damage."