Lockheed Martin secured a $3 billion U.S. Army contract for Guided Multiple Launch Rocket System (GMLRS) production. The agreement covers both standard and extended-range GMLRS rockets. This initiative modernizes long-range precision fire capabilities and replenishes critical munition stockpiles.
Lockheed Martin will invest in expanded manufacturing capacity and improved production efficiency to meet rising demand. The company plans to increase automation, broaden its supplier base, and grow its workforce. These efforts aim to support higher production rates and shorten lead times. The contract supports U.S. Department of Defense goals to strengthen the defense industrial base.