Page 11 - Multiple Launch Rocket System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Department of State has approved Latvia’s request to buy six M142 High Mobility Artillery Rocket System launchers and related equipment from the U.S. government under a potential $220 million foreign military sales agreement. Lockheed Martin will serve as the prime contractor in the FMS deal, which will enable Latvia to enhance its capability to address existing and future threats and improve interoperability with the U.S. and other allies, the Defense Security Cooperation Agency said Tuesday.

And most of the remaining FMF funds should be directed to the Philippines — an ally that is struggling to keep the Chinese at bay in the South China Sea.

Multiple reports and a source familiar with the matter say Kyiv used ATACMS cluster missiles to carry out the attack.

In a surprising strategic shift, the Israeli Defense Forces have resurrected the M270 Multiple Launch Rocket System after nearly two decades, deploying it alongside white phosphorus missiles in response to Hamas' offensive in the Gaza Strip, signaling a significant change in their military tactics.

Lockheed Martin (NYSE:LMT) has been one of the market's best large-cap performers in recent days, with investors flocking to the stock.