Lockheed Martin secured a $1.13 billion contract for Production Lot 17 of the M142 High Mobility Artillery Rocket System (HIMARS). The agreement supplies launchers to the U.S. Army, U.S. Marine Corps, Australia, Canada, Estonia, and Taiwan. Work on the project is scheduled for completion by April 2028.
On May 4, 2026, Lockheed Martin also announced a strategic partnership with Firefly Aerospace and Seagate Space. The collaboration focuses on developing sea-based launch capabilities for national security missions. The initiative uses Firefly’s Alpha rocket and Seagate’s offshore platforms to provide the U.S. military with rapid deployment options.