L3Harris lands $250 million Lockheed Martin rocket contract
L3Harris won a $250 million follow-on order from Lockheed Martin to make GMLRS propulsion units at a new Arkansas plant.
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what happened
Newsmetry API, citing dpa-AFX, reported that L3Harris Technologies announced on Monday a $250 million follow-on award from Lockheed Martin. The company will produce propulsion units for the Guided Multiple Launch Rocket System, known as GMLRS. L3Harris said the order covers the biggest production quantity in the program’s history.
The work will take place at the company’s new 60,000-square-foot Arsenal of Freedom site in Camden, Arkansas, which is due to open later this year. L3Harris has supplied GMLRS propulsion units for many years and also makes the system’s electronic arming and safety component and proximity sensor. The company said automation and robotics spending will simplify solid rocket motor production and help raise deliveries to U.S. and allied customers. L3Harris shares were up 0.42% on the NYSE at $237.97.
why it matters
The award links L3Harris’ new Arkansas capacity with Lockheed Martin’s GMLRS program and highlights planned expansion of defense manufacturing. Both LHX and LMT are directly named in the announcement.
instruments
sources
- L3Harris Wins $250 Mln Rocket Motor Contract — Newsmetry API, 12 October 2026 at 16:12 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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