Talk Business:

Lockheed Martin received a $331.8 million contract from the U.S. Army for Lot 11 production of Guided Multiple Launch Rocket System (GMLRS) rockets, work that will be performed at the defense giant’s industrial manufacturing facilities in Camden and Dallas, Texas.

The contract calls for the production of GMLRS Alternative Warhead rockets, GMLRS Unitary rockets and Reduced-Range Practice Rockets (RRPRs) for the U.S. Army and the U.S. Marine Corps. Foreign military sales of the warhead will also be made to allies in Israel, Finland, Jordan and Singapore, and all production deliveries are anticipated to be completed by March 2018, officials said.

Read more here.