DALLAS, June 25, 2019 /PRNewswire/ -- Lockheed
Martin (NYSE: LMT) received a $561.8
million production contract for Army Tactical Missile System
(ATACMS) missiles for the U.S. Army and Foreign Military Sales
(FMS) customers.
The two-year effort contract calls for new ATACMS rounds, as
well as upgrading several previous-variant ATACMS as part of the
Service Life Extension Program (SLEP III).
"The new-build ATACMS rounds under this contract will include
sensor technology that provides the recently qualified
Height-of-Burst capability," said Gaylia
Campbell, vice president of Precision Fires & Combat
Maneuver Systems at Lockheed Martin Missiles and Fire Control.
"This new feature will allow Soldiers to address area targets at
depth on the battlefield."
Both the SLEP and new ATACMS rounds will be produced at Lockheed
Martin's Precision Fires Production Center of Excellence in
Camden, Arkansas. To meet the
increased demand for ATACMS, Lockheed Martin is expanding its
Camden manufacturing facilities to
include the capability to produce ATACMS and other upcoming
missiles.
For more than 40 years, Lockheed Martin Missiles and Fire
Control has been the leading designer and manufacturer of
long-range, surface-to-surface precision strike solutions,
providing highly reliable, combat-proven systems like MLRS, HIMARS,
ATACMS and Guided MLRS to domestic and international customers.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
105,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and
services.
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SOURCE Lockheed Martin