The Marketing Minute: Staying Positive When the Market Isn’t
Marcy’s Musings: Continuing to Invent the Future With SEL
It’s Only Common Sense: Why Failure Is an Opportunity for Growth
Lockheed Martin Receives $451M to Upgrade Additional US Army and International M270 Launchers
May 10, 2024 | Lockheed MartinEstimated reading time: 1 minute
The U.S. Army awarded Lockheed Martin a $451 million contract to recapitalize additional M270 systems expanding its domestic fleet of launchers and providing upgrades for global partners.
The award follows an initial agreement issued in 2019, and subsequent contracts calling for recapitalization to support mission readiness through 2050.
“The modernization effort will add additional capability to the combat-proven launcher and ensure the M270-series launcher remains highly effective, reliable and interoperable with NATO forces for decades to come,” said Jay Price, vice president of Precision Fires for Lockheed Martin.
“The procurement will bring additional precision fires capability to our global partners.”
Recapitalization includes complete overhaul and upgrades to the systems with brand new engines, improved armored cabs and the new Common Fire Control System (CFCS) which will provide compatibility with current and future MLRS Family of Munitions (MFOM). Lockheed Martin’s next-generation Extended-Range GMLRS and Precision Strike Missile (PrSM) can only be fired by M270A2 and HIMARS launchers.
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 missiles. MLRS will also be able to fire the Precision Strike Missile and Extended-Range GMLRS rockets, both currently in development.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Nordson Reports Q3 Fiscal 2025 Results and Updates Full Year Guidance
08/21/2025 | BUSINESS WIRENordson Corporation reported results for the fiscal third quarter ended July 31, 2025. Sales were $742 million compared to the prior year’s third quarter sales of $662 million.
Henniker Plasma Launches Stratus Turnkey Plasma Manufacturing Cell
08/13/2025 | Henniker PlasmaHenniker Plasma, a leading manufacturer of plasma treatment systems, proudly announces the launch of its Stratus Plasma Manufacturing Cell range — a fully integrated, turnkey solution that combines advanced atmospheric plasma surface treatment with robotic automation.
Jeh Aerospace Raises $11M to Boost Aircraft Supply Chain
08/12/2025 | I-Connect007 Editorial TeamJeh Aerospace, the high-precision aerospace and defense manufacturing startup founded by Vishal Sanghavi and Venkatesh Mudragalla, has raised $11 million in a Series A round led by Elevation Capital, with support from General Catalyst, to scale its commercial aircraft supply chain manufacturing in India, according to OEM.
Ventec International Group Announces Distribution Agreement with Jinzhou Precision Technology Corporation
08/05/2025 | VentecVentec International Group has confirmed its agreement with Jinzhou Precision Technology Corporation to distribute precision drill and router bits in the Europe, Middle East, and Africa (EMEA) region, working in cooperation with DCM Technology, Jinzhou’s long standing European distribution partner.
Advint and Sayron Bring Advanced Rectifier Solutions to High-Reliability PCB Manufacturers
08/01/2025 | Advint IncorporatedAdvint Incorporated has partnered with Sayron, a leading global rectifier manufacturer, to supply cutting-edge IGBT-based DC rectifiers to high-performance PCB manufacturers across North America and beyond. Sayron’s precision-engineered rectifiers align with the stringent requirements of advanced PCB processes.