Lockheed Gets $561.8 Million Missile Contract

The company is expanding its Arkansas manufacturing facilities to meet demand.

According to Lockheed Martin, the Army Tactical Missile System is a surface-to-surface artillery weapon system capable of striking targets well beyond the range of existing Army cannons, rockets and other missiles.
According to Lockheed Martin, the Army Tactical Missile System is a surface-to-surface artillery weapon system capable of striking targets well beyond the range of existing Army cannons, rockets and other missiles.
Lockheed Martin

Lockheed Martin was granted a $561.8 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and Foreign Military Sales (FMS) customers.

The two-year effort contract calls for new ATACMS rounds, as well as upgrading several previous-variant ATACMS as part of the Service Life Extension Program (SLEP III).

"The new-build ATACMS rounds under this contract will include sensor technology that provides the recently qualified Height-of-Burst capability," said Gaylia Campbell, vice president of Precision Fires & Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. "This new feature will allow Soldiers to address area targets at depth on the battlefield."

Both the SLEP and new ATACMS rounds will be produced at Lockheed Martin's Precision Fires Production Center of Excellence in Camden, Arkansas.

To meet the increased demand for ATACMS, Lockheed Martin is expanding its Camden manufacturing facilities to include the capability to produce ATACMS and other upcoming missiles.

For more than 40 years, Lockheed Martin Missiles and Fire Control 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 Guided MLRS to domestic and international customers.

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