Lockheed Martin Wins $174 Million Tactical Missile System Contract For UAE

Lockheed Martin announced Wednesday that has won a $174 million Foreign Military Sales (FMS) contract to produce Army Tactical Missile System (ATACMS) for the United Arab Emirates.

Some of the productions are also meant for USA. ATACMS is the U.S. Army's only tactical long-range precision-strike surface-to-surface weapon system.

"ATACMS has unsurpassed surface-to-surface capability," said Ken Musculus, vice president of Tactical Missiles for Lockheed Martin Missiles and Fire Control.

More than 570 ATACMS missiles have been fired in combat and the system has demonstrated high rates of accuracy as well as reliability while in theater.

Each ATACMS missile is packaged in a Guided Missile Launch Assembly pod and is fired from the MLRS family of launchers.

ATACMS is currently in the inventory of multiple nations, including the Republic of Korea, Greece, Bahrain, Turkey and the United Arab Emirates.