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Lockheed Martin awarded $194.12M Army contract

Lockheed Martin was awarded a $194.12M hybrid contract to recapitalize Multiple Launch Rocket Systems into the M270A2 configuration. Bids were solicited via the internet with one received. Work has an estimated completion date of Sept. 30, 2027. FY23 missile procurement, Army funds; FY22 Foreign Military Sales and FY23 Foreign Military Sales funds in the amount of $194.12M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.

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