Lockheed Martin has been awarded a $476 million hybrid contract for the GMLRS or Guided Multiple Launch Rocket System.
US DoD Contract Notice, Arlington VA, 21 October 2022: Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $476,814,000 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for the Guided Multiple Launch Rocket System.
Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Aug. 15, 2025. US Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.