01:21 PM EDT, 08/13/2024 (MT Newswires) -- Lockheed Martin ( LMT ) and General Dynamics ( GD ) said Tuesday they signed a teaming agreement to build solid rocket motors, with initial work focusing on production for the Guided Multiple Launch Rocket System.

The companies said the initial work will be performed at General Dynamics' ( GD ) facility in Camden, Arkansas, starting next year.

They said that after this project, a phased planning approach to transition to other products will follow.

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