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Lockheed's Camden plant gets rocket contract.

Lockheed Martin of Bethesda, Md., has received a $108 million contract from the Army to produce more than 1,000 Guided Multiple Launch Rocket System rockets.

Work on the contract will take place at Lockheed Martin facilities at Camden and Dallas.

"Guided MLRS provides the war fighter with accuracy that is literally measured in meters, giving our soldiers a more accurate, more effective solution to their fire support requirements," said Ron Abbott, vice president of tactical missiles for Lockheed Martin Missiles and Fire Control.

The GMLRS rocket is the latest in the MLRS family of munitions. Lockheed said the all-weather, precision-guided rocket provides increased accuracy, reducing the number of rockets necessary to defeat targets by 80 percent.

Delivery of the rockets is expected in 2006 and 2007.

Lockheed Martin employs about 130,000 people worldwide.
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Title Annotation:Inside Business; Lockheed Martin Corp.
Comment:Lockheed's Camden plant gets rocket contract.(Inside Business)(Lockheed Martin Corp.)
Author:Turner, Lance
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 21, 2005
Words:135
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