The Strategist

U.S. Army signs multimillion-dollar contracts with Lockheed Martin

11/15/2022 - 02:33

According to a statement released by the U.S. military on Monday, the U.S. Army has signed various contracts totaling roughly $520 million with the military-industrial complex Lockheed Martin to replace the multiple-launch rocket systems that were given to Ukraine.

The contracts, according to the declaration, were signed on October 21 and November 2.

U.S. Under Secretary of Defense for Acquisition and Sustainment William LaPlante commented that "the distribution of these contracts underscores the considerable influence that MLRS has as a critical combat asset for our worldwide allies."

These defense commands, according to the Pentagon, enable the U.S. Army to restock its supplies while continuing to give vital support to its allies and partners on the front lines.


< >

Wednesday, April 17th 2024 - 08:20 UBS may need to increase its capital by up to $25 bln