Lockheed Martin has secured a $1.13 billion contract to produce M142 HIMARS for the US and allied nations, including Australia, Canada, Estonia, Sweden, and Taiwan. Known for its precision strike capability and mobility, HIMARS has proven highly effective in modern conflicts. The contract supports full-rate production, with deliveries expected by 2028. Increasing global adoption reflects growing demand for long-range artillery systems capable of rapid deployment and high accuracy, strengthening deterrence across multiple regions.
