The U.S. Army handed Lockheed Martin roughly $439 million to begin building the Army Tactical Missile System, known as ATACMS, along with the launcher hardware needed to fire it, and once the two sides finish hammering out the final terms, the full agreement is expected to grow to nearly $900 million. ATACMS is a surface-to-surface […]

Lockheed Martin and German defense giant Rheinmetall signed a memorandum of understanding at the NATO Summit Defense Industry Forum in Ankara, Türkiye, to establish co-production of the ATACMS missile system in Europe. The agreement, backed by both the American and German governments, sets up a joint venture aimed at creating what the companies describe as […]