Lockheed Martin
The U.S. Army has awarded Lockheed Martin an indefinite delivery indefinite quantity (IDIQ) contract worth up to $4.94 billion to produce additional Precision Strike Missiles (PrSM), a critical 21st Century Security solution designed to provide the warfighter with unparalleled capability in the battlespace.
The IDIQ contract enables the U.S. Army to efficiently order PrSM units, providing a significant increase in production capacity to meet growing demand.
“Lockheed Martin is committed to delivering this deterrent capability in support of the Army’s vision for a lethal and resilient force,” says Carolyn Orzechowski, vice president of Precision Fires Launchers and Missiles at Lockheed Martin. “Our team remains focused on advancing the production at speed and scale, ensuring the warfighter receives this critical capability to maintain peace through strength.”
Lockheed Martin's use of digital tools, such as augmented reality, ARISE advanced modeling and simulation, data analytics, and software factory, continues to drive development and improve producibility, quality, and performance.
With this contract award, Lockheed Martin reaffirms its commitment to delivering innovative, combat-proven solutions that support the Army's modernization efforts and ensure the warfighter remains ahead of emerging threats.
As a pressure-tested capability, PrSM is the U.S. Army's next-generation long-range precision strike missile, capable of neutralizing targets beyond 400km. This advanced surface-to-surface weapon features an open systems architecture design for maximum flexibility, modularity for future growth, and compatibility with HIMARS and Multiple Launch Rocket System (MLRS) platforms.
Latest from Defense and Munitions
- General Dynamics NASSCO awarded $1.7 billion to construct T-AO 215 and T-AO 216
- XTI Aerospace acquires Drone Nerds, closes $25 million strategic investment by Unusual Machines
- Sunnen Products Company's HTE-1600W Tube Hone
- December Lunch + Learn webinar with Fagor Automation
- December Lunch + Learn webinar with LANG Technik + Metalcraft Automation Group
- Leonardo DRS, KNDS sign strategic teaming agreement to offer high-performance self-propelled howitzer to U.S. Army
- Bodycote achieves Nadcap accreditation at new Fairfield, Ohio facility
- BIG DAISHOWA's Sphinx Pilot Step Drill