Lockheed Martin received $174 Million Contract for ATACMS Missile Production

Specifications:

Name:

Lockheed Martin received $174 Million Contract for ATACMS Missile Production

Location:

USA

Company:

Lockheed Martin

Estimated Cost:

$174 Million

Source:

news.lockheedmartin.com

Introduction:

Lockheed Martin received a $174 million Foreign Military Sales (FMS) contract for Army Tactical Missile System (ATACMS) production for the U.S. Army and the United Arab Emirates.

Features:

ATACMS is the U.S. Army’s only tactical long-range precision-strike surface-to-surface weapon system. “ATACMS has unsurpassed surface-to-surface capability,” said Ken Musculus, vice president of Tactical Missiles for Lockheed Martin Missiles and Fire Control.

More than 570 ATACMS missiles 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. ATACMS is currently in the inventory of multiple nations, including the Republic of Korea, Greece, Bahrain, Turkey and the United Arab Emirates.

All production on this contract will be conducted at Lockheed Martin’s award-winning facility in Camden, Arkansas. Lockheed Martin has produced more than 3,700 ATACMS missiles, with more than 20 years of on-time deliveries.