DODOtherDefense & SecurityJuly 1, 2024

GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY25 FULL RATE PRODU...

$2,790,109,222

AI Summary

This $2.8 billion contract funds full rate production of Guided Multiple Launch Rocket Systems (GMLRS) and Low Cost Reduced Range Practice Rockets (LCRRPR) for fiscal year 2025. Lockheed Martin in Texas produces these precision-guided artillery rockets, which have seen increased demand due to global security needs.

Key Points

  1. 01Funds GMLRS and practice rocket production (Lot 20)
  2. 02Awarded to Lockheed Martin Corporation in Texas
  3. 03Contract valued at approximately $2.8 billion, running through 2028
  4. 04GMLRS is a GPS-guided precision artillery rocket
  5. 05Includes low-cost practice rockets for training purposes

Award Details

Start Date

Jul 1, 2024

End Date

Nov 30, 2028

Category

Defense & Security

State

TX

Award Type

Other

Quick Summary

Amount
$2.8B
Agency
Department of Defense
Recipient
LOCKHEED MARTIN CORPORATION
Type
Other

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