DALLAS, Aug. 14, 2017 /PRNewswire/ -- Lockheed
Martin (NYSE: LMT) has received a $161
million production contract for the Army Tactical Missile
System (ATACMS) missile for the U.S. Army. The missiles will be
produced at Lockheed Martin's Precision Fires Production Center of
Excellence in Camden, Arkansas.
The contract calls for the production of 150 ATACMS missiles as
part of the ATACMS Service Life Extension Program.
"The ATACMS Service Life Extension Program takes existing
missiles and refurbishes them, resetting their shelf life," said
Scott Greene, vice president of
Precision Fires at Lockheed Martin Missiles and Fire Control.
"ATACMS provides the combatant commanders with critical,
deep-strike capability to service high-value targets in all weather
conditions."
As part of the U.S. Army's ATACMS Service Life Extension
Program, the modernization process disassembles and demilitarizes
ATACMS Block 1 and 1A warheads, replacing them with new unitary
warheads. The process also resets the missile's 10+ year shelf
life.
ATACMS is the U.S. Army's only tactical long-range precision
strike surface-to-surface weapon system. ATACMS missiles can be
fired from the entire family of Multiple Launch Rocket System
(MLRS) launchers. This is the first production contract for
Modernized ATACMS missiles for the U.S. Army.
Lockheed Martin has produced more than 3,800 ATACMS missiles.
More than 600 ATACMS have been fired in combat, and the system has
demonstrated extremely high rates of accuracy and reliability while
in theater. Each ATACMS missile is packaged in a Guided Missile
Launch Assembly pod, and is fired from the MLRS family of
launchers.
For more information visit our website:
www.lockheedmartin.com
About Lockheed Martin
Headquartered in Bethesda,
Maryland, Lockheed Martin is a global security and aerospace
company that employs approximately 97,000 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