Army awards Lockheed Martin $615M contract for additional HIMARS production

By Dan Schere / May 1, 2023 at 11:35 AM

The Army has awarded Lockheed Martin a $615 million contract to produce launchers and equipment associated with the High Mobility Artillery Rocket System (HIMARS), the Pentagon announced in an April 28 notice.

According to the announcement, more than $207 million in Recovery Act funds were obligated at the time of the award, and the contract has an estimated completion date of May 30, 2026.

The additional HIMARS production is meant to expand the Army’s fleet of launchers and fulfill orders from other nations, according to Lockheed Martin.

Jay Price, the company’s vice president of precision fires, said in a statement that they are working with the Army and suppliers to ramp up production capacity.

“We’ve taken steps to shorten manufacturing lead time and we’re on track to meet increased capacity,” he said in the statement.

Lockheed’s announcement comes one day after the Army awarded the company a $4.7 billion contract modification for additional Guided Multiple Launch Rocket Systems. Both HIMARS and GMLRS are among the weapon systems that the United States has continued to send to Ukraine during the Russian invasion, as the Defense Department attempts to increase investment in weapons to replenish U.S. stocks.