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Lockheed wins $828M U.S. Army contract for guidance rockets

Published 05/07/2018, 01:20 PM
© Reuters.  Lockheed wins $828M U.S. Army contract for guidance rockets
LMT
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  • Lockheed Martin (LMT +1%) is higher after winning an $828M U.S. Army contract to produce Guided Multiple Launch Rocket System rockets and associated equipment.
  • GMLRS is an all-weather rocket designed for fast deployment that delivers precision strike beyond the reach of most conventional weapons.
  • LMT says work will be performed at its Dallas facilities and at its Precision Fires Center of Excellence in Camden, Ark.
  • Now read: Raytheon: The Trump Trade - Time To Buy The Dip


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