Lockheed Martin awarded $114.61M Army contract | Markets Insider
Published 1 month ago• 1 minute read
Lockheed Martin (LMT) was awarded a $114.61M contract for engineering, manufacturing, design and subsequent delivery of prototype RIG-360 units and EMD Qual-Representative RIG-360 adapted components. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of Sept. 30, 2027. FY24 research, development, test and evaluation, Army funds in the amount of $32M were obligated at the time of the award. Army Contracting Command is the contracting activity.
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