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September 26, 2018 | International, Land

LOCKHEED MARTIN RECEIVES $289 MILLION CONTRACT FOR HIGH MOBILITY ARTILLERY ROCKET SYSTEM LAUNCHERS

DALLAS, Sept. 25, 2018 /PRNewswire/ -- The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $289 million contract to produce High Mobility Artillery Rocket System (HIMARS) launchers and associated hardware.

The contract calls for the production of 24 HIMARS launchers and associated equipment by July 2022. Lockheed Martin has delivered nearly 500 launchers for the U.S. Army and international customers. The HIMARS vehicles will be produced from the ground up at Lockheed Martin's award-winning Camden, Ark., Precision Fires Center of Excellence.

HIMARS is a lightweight mobile launcher, transportable via C-130 and larger aircraft for rapid deployment, that fires Guided Multiple Launch Rocket System (GMLRS) rockets and Army Tactical Missile System (ATACMS) missiles. HIMARS consists of a launcher loader module and fire control system mounted on a five-ton truck chassis. A specialized armored cab provides additional protection to the three crew members that operate the system.

Lockheed Martin's effectiveness and reliability combined with performance, interoperability, joint coalition operations and the added value of joint munitions procurement make HIMARS a sound option for nations seeking effective precision fires option for missions.

For more than 40 years, Lockheed Martin has been the leading designer and manufacturer of long-range, surface-to-surface precision strike solutions, providing highly reliable, combat-proven systems like MLRS, HIMARS, ATACMS and GMLRS to domestic and international customers.

For additional information, visit our website: www.lockheedmartin.com.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. This year the company received three Edison Awards for ground-breaking innovations in autonomy, satellite technology and directed energy.

https://news.lockheedmartin.com/2018-09-25-Lockheed-Martin-Receives-289-Million-Contract-for-High-Mobility-Artillery-Rocket-System-Launchers

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  • Contract Awards by US Department of Defense - July 27, 2020

    July 28, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    Contract Awards by US Department of Defense - July 27, 2020

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    October 13, 2020 | International, Aerospace, Naval, Land, C4ISR, Security, Other Defence

    Find out where Trump and Biden stand on defense and security issues

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Trump approved a $44.5 billion nuclear weapons budget request in fiscal 2021 — an increase of about 19 percent — meant for the W76-2, several ongoing nuclear warhead life extension programs, a future W93 submarine-launched ballistic missile warhead, and the expansion of the production of plutonium pits for nuclear warheads to at least 80 per year. Biden: Biden signaled he would scale back Trump's buildup. The Democratic nominee for president is opposed to the W76-2 and an SLCM. Biden would face pressure from the left to drop plans to build a new nuclear intercontinental ballistic missile force, replacing the Minuteman III fleet fielded in 1970, though he has not announced a position on it. Biden said he would review a policy reserving the option of using nuclear weapons first. 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The administration recently warned allies it may target leaders of Iran-backed militias that have targeted U.S. forces and diplomatic posts in Iraq. Biden: Biden has vowed to bring U.S. combat troops home from Iraq and Afghanistan, likely leaving residual counterterrorism forces. His camp favors small-scale operations (maybe led by special forces) rather than large, open-ended troop deployments, which he agrees would require the informed consent of the American people. Biden, who voted for the Iraq War when he was a senator, said during his current campaign that he played a key role in the Obama administration's drawdown of 150,000 U.S. forces from Iraq. On Iran, he said he would commit to preventing the country from acquiring a nuclear weapon, offer a diplomatic path while maintaining targeted sanctions, and work closely with Israel to ensure the American ally can defend itself against Iran and its proxies. 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