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U.S. Army Lockheed Martin PrSM contract

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2026-09-28 12:39 UTC → 2026-09-29 06:15 UTC · added ~~removed~~

The U.S. Army has awarded Lockheed Martin an indefinite delivery, indefinite quantity contract valued at up to $1.2 billion for the production of Precision Strike Missile (PrSM) Increment 2. This contract marks the transition of the missile system from the development and testing phase into active series production. Designed to replace the Army Tactical Missile System (ATACMS), the PrSM offers an extended range of approximately 500 kilometers compared to the ATACMS range of about 300 kilometers. The system is compatible with existing M142 HIMARS and M270 Multiple Launch Rocket System (MLRS) platforms. A significant feature of the Increment 2 version is its multi-mode seeker head, which allows for the tracking and engagement of both moving land-based and maritime targets. Following successful flight tests in early 2026, Lockheed Martin is expected to expand production capacity to quadruple the output of the PrSM. The IDIQ agreement covers initial production, subsequent orders, and further development work. As the U.S. Army seeks to build sufficient stockpiles for prolonged campaigns, Lockheed Martin anticipates further flight testing milestones in 2027 as the program moves toward full-scale series production.

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