Lockheed Martin has received a Foreign Military Sales contract to produce Army Tactical Missile Systems for the U.S. Army and the United Arab Emirates.

The award for the Army long-range, precision-strike surface-to-surface weapon system carries a value of $174 million.

"ATACMS has unsurpassed surface-to-surface capability," said Ken Musculus, vice president of Tactical Missiles for Lockheed Martin Missiles and Fire Control. "It is extremely reliable and proven in combat, which is why it continues to be our customers' choice for long-range strike requirements."

An ATACMS missile is packaged in a guided missile launch assembly pod and fired from the MLRS family of launchers. The missile system is fielded with a number of allied nations, including the Republic of Korea, Greece, Bahrain, Turkey and the United Arab Emirates.

Lockheed Martin said the missiles will be manufactured at its facility in Camden, Ark. No information was given as to the exact number of missiles to be produced but in September of last year the U.S. State Department had approved the sale of 100 ATACMS to the UAE.