U.S. Army awards Lockheed Martin $364 million contract for ATACMS missiles
NewsJune 26, 2018
DALLAS. Lockheed Martin has won a $364 million production contract for Army Tactical Missile System (ATACMS) missiles to be supplied to the U.S. Army and a Foreign Military Sales customer. The program will enable the military services to upgrade their existing Block 1 missiles with new technology and double their range, while extending the missiles' useful life by more than 10 years and providing the most update surface-to-surface missile capability.
The new ATACMS rounds will be produced at Lockheed Martin's Precision Fires Production Center of Excellence in Camden, Arkansas, which also handles the Service Life Extension Program (SLEP) for the missiles.
Under the terms of this contract, all missiles are scheduled to be delivered by January 2021.
