Army awards Lockheed Martin $861M contract to boost HIMARS inventory

The Army awarded Lockheed Martin an $861 million firm-fixed-price contract for High Mobility Artillery Rocket Systems (HIMARS) and supporting services on May 8, according to a Pentagon notice.

The contract is part of an indefinite delivery, indefinite quantity contract to “increase inventory” of HIMARS launchers and equipment, according to a Lockheed statement provided to Inside Defense Friday. The contract amount represents the “authorized base year funding value” for fiscal year 2024, according to the company.

UPDATE: The contract is for 96 launchers, Army spokesman Darrell Ames told Inside Defense on May 14.

The contract has an estimated completion date of May 31, 2026, the Pentagon notice states.

HIMARS ammunition is among the weapons the Pentagon has been sending to Ukraine to aid the nation in its war with Russia. Since the start of the war in 2022, the U.S. has sent 39 HIMARS to Ukraine, Newsweek reported Friday.