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U.S. Army Awards Lockheed Martin $756 million hypersonic weapon system contract

Chairman of the Joint Chiefs of Staff Charles Q. Brown Jr. (center right), tours Lockheed Martin Missiles and Fire Control in 老澳门六合彩图库 on Thursday, March 14, 2024. (Arkansas Democrat-Gazette/Staci Vandagriff)
Chairman of the Joint Chiefs of Staff Charles Q. Brown Jr. (center right), tours Lockheed Martin Missiles and Fire Control in 老澳门六合彩图库 on Thursday, March 14, 2024. (Arkansas Democrat-Gazette/Staci Vandagriff)

The U.S. Army awarded Lockheed Martin [NYSE: LMT] a $756 million contract to deliver additional capability for the nation's ground-based hypersonic weapon system, the Long Range Hypersonic Weapon (LRHW).

Under the new contract, Lockheed Martin will provide additional LRHW battery equipment, systems and software engineering support, and logistics solutions to the Army.

LRHW will introduce a new class of ultrafast and maneuverable long-range hypersonic missiles with the ability to launch from ground mobile platforms. The LRHW weapon system is designed to launch the common hypersonic All Up Round (AUR) 鈥 provided by the U.S. Navy-managed Conventional Prompt Strike (CPS) program 鈥 and includes the Army canister, a battery operations center, and transporter erector launchers.

"Lockheed Martin is proud to continue our strong partnership with the U.S. government for hypersonic strike capability," said Steve Layne, vice president of Hypersonic Strike Weapon Systems at Lockheed Martin. "With this contract, we will support the U.S. Army to sustain the Long Range Hypersonic Weapon System currently in the hands of U.S. soldiers, produce additional batteries for future fielding, and support flight testing."

Lockheed Martin delivered equipment for the first LRHW battery, referred to as Dark Eagle, to U.S. soldiers in 2021. The company will continue to support the U.S. Army to meet this critical national security need.

The company has been developing highly advanced hypersonic technology for the last 60 years as part of Lockheed Martin's 21st Century Security庐 vision in support of our customers.

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security庐 vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at lockheedmartin.com

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