Lockheed Martin awarded $1.13B Army contract action

Lockheed Martin (LMT) was awarded an undefinitized contract action with a not-to-exceed of $1.13B for full rate production 17 of High Mobility Artillery Rocket Systems M142 launchers and supporting requirements to address urgent needs for the Army, Marine Corps, and Foreign Military Sales customers in Australia, Canada, Estonia, Sweden, and Taiwan. Work locations and funding will be determined with each order, with an estimated completion date of April 30, 2028. Army Contracting Command is the contracting activity.