United States, May 23 -- Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $214,364,537 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for the recapitalization of the Multiple Launch Rocket System (MLRS) into the M270A2 configuration. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas; Camden, Arkansas; and New Boston, Texas, with an estimated completion date of Dec. 30, 2030. Fiscal 2025 missile procurement, Army funds; fiscal 2025 Foreign Military Sales (Finland) funds; and fiscal 2024 cooperative partner (United Kingdom and Italy) funds in the amount of $214,364,537, were obligated at the time of the award. Army Rapid Capabilities and Critical Technologies Office, R...