ATACMS missiles contract goes to Lockheed Martin for $174 million
NewsMay 14, 2015
DALLAS. The U.S. Army and the United Arab Emirates entered into contract with Lockheed Martin for the production of their Army Tactical Missile System (ATACMS), a tactical long-range precision-strike surface-to-surface weapon system. The contract, a Foreign Military Sales, is estimated to be $174 million.
Each ATACMS missile is packaged in a guided missile launch assembly pod and is fired from the MLRS family of launchers. To date, more than 570 ATACMS missiles have been fired in combat.
Production for this contract will be conducted at a Lockheed Martin facility in Camden, Ark.
