Lockheed Martin to develop new variant of the GMLRS

DALLAS, Texas, 25 April 2012. Lockheed Martin [NYSE: LMT] has received a $79.4 million contract from the U.S. Department of Defense to develop a new variant of the Guided Multiple Launch Rocket System (GMLRS) that incorporates a new warhead.

Under the terms of the contract, the GMLRS Alternative Warhead Engineering and Manufacturing Development Program will run 36 months, and will focus on system performance, warhead qualification and producibility. The alternative warhead for the GMLRS is unitary and will perform as a drop-in replacement for the currently fielded Dual-Purpose Improved Conventional Munition warhead.

The GMLRS is an all-weather, precision-guided rocket.

During live-fire testing by the U.S. Army, the ATK-designed Alternative Warhead demonstrated that it meets performance and mission requirements and matches current weapon flight characteristics without major modifications to the existing GMLRS delivery system.