Lockheed (LMT) Secures a $332M Deal to Aid GMLRS Program

Lockheed Martin Corp.’s (LMT) Missiles and Fire Control (MFC) business segment recently clinched a modification contract for the Guided Multiple Launch Rocket System (GMLRS). The award has been offered by the Army Contracting Command, Redstone Arsenal, AL.Valued at $332 million, the contract is expected to be completed by Oct 20, 2027. What’s Favoring Lockheed?Nations are reinforcing their military capabilities to strengthen their defense structure in the growing threat environment. In this context, increas ...