US Army’s $8.4B contract locks in PrSM production through 2032 (opens in new tab)

The U.S. Army has committed $8.4 billion to expand production of its next-generation Precision Strike Missile, awarding Lockheed Martin one of the largest ground-launched missile contracts in years and locking in a manufacturing pipeline that runs through the end of fiscal year 2032. The modification, signed June 23, 2026, expands an existing contract with Lockheed […]