Lockheed Martin [NYSE: LMT] received a $27.1 million contract from the U.S. Army for the first phase of a three-year development program that will increase crew protection and update the Army’s fleet of Multiple Launch Rocket System (MLRS) M270A1 mobile rocket launchers.
Under the contract, Lockheed Martin will upgrade, assemble and test seven prototype vehicles. Phase one is expected to be followed by a production contract for the Army’s entire fleet of 225 vehicles.
During this initial phase, Lockheed Martin will replace the launcher’s cab, which expands interior volume by 40 percent and incorporates new energy-absorbing seats that provides additional protection from mine blasts and improvised explosive devices. The company will also move the fire control panel to provide commonality with the High Mobility Artillery Rocket System (HIMARS) launcher and enhance survivability through extensive armoring in the new cab.
“These improvements will ensure the M270-series launcher remains relevant, effective and reliable while protecting crews from new and evolving threats well into the middle of the 21st century,” said Scott Arnold, vice president of precision fires in Lockheed Martin’s Missiles and Fire Control business.
Source: Lockheed Martin Corporation (NYSE: LMT)
Date: Jun 27, 2012