The US Army has awarded the first $161m production contract for the modernised army tactical missile system (ATACMS) missiles.

ATACMS is a long-range precision-strike surface-to-surface weapon system packaged in a guided missile launch assembly pod, which can be fired from a range of multiple launch rocket system (MLRS) launchers.

Awarded to Lockheed Martin as part of the ATACMS Service Life Extension Program, the contract will involve the production of 150 ATACMS missiles.

Under the army's ATACMS Service Life Extension Program, ATACMS Block 1 and 1A warheads are disassembled, demilitarised and replaced with new unitary warheads.

"The ATACMS Service Life Extension Program takes existing missiles and refurbishes them, resetting their shelf life."

The modernisation process also resets the missile's shelf life, which is said to last more than ten years.

Lockheed Martin Missiles and Fire Control Precision Fires vice-president Scott Greene said: "The ATACMS Service Life Extension Program takes existing missiles and refurbishes them, resetting their shelf life.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"ATACMS provides the combatant commanders with critical, deep-strike capabilities to service high-value targets in all weather conditions."

Work under the contract will be carried out at the company’s Precision Fires Production Center of Excellence in Camden, Arkansas, US.

Last week, the company delivered the first ATACMS missile from its new production facility in Camden.

While Lockheed has produced more than 3,800 ATACMS missiles, over 600 ATACMS have been fired in combat to date.