The U.S. Army awarded Lockheed Martin a $362 million contract to recapitalize 50 of the U.S. Army's Multiple Launch Rocket System (MLRS) launchers.

The U.S. Army's MLRS recapitalization effort will eventually upgrade its existing fleet of 225 MLRS M270A1 launchers, and 160 decommissioned M270A0's slated for de-militarization, to M270A2s.

In partnership with the Red River Army Depot, these launchers will be completely refurbished as "zero time" launchers with new engines, transmissions, Launcher-Loader Modules, Improved Armored Cabs and the new Common Fire Control System.

"This investment to upgrade the MLRS launcher fleet reflects our customers continued confidence in our ability to provide a combat-proven precision strike system from the ground up," said Gaylia Campbell, vice president of Precision Fires and Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. "These launchers will be returned to an "as-new" condition and serve our Army customer through 2050."

MLRS is a heavy tracked mobile launcher, transportable via C-17 and C-5 aircraft, that fires Guided MLRS rockets and Army Tactical Missile System (ATACMS) missiles. MLRS will also be able to fire the Precision Strike Missile (PrSM) and Extended-Range GMLRS rockets, both currently in development.

For more than 40 years, Lockheed Martin has been the leading designer and manufacturer of long-range, surface-to-surface precision strike solutions, providing highly reliable, combat-proven systems like MLRS, High Mobility Artillery Rocket System (HIMARS), ATACMS and GMLRS to domestic and international customers.

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About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.