Lockheed Martin wins US Army PrSM Increment 2 contract up to $1.2B
Lockheed Martin said the US Army contract is for the Increment 2 variant of the Precision Strike Missile (PrSM) and is worth up to $1.2 billion.
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10:20:09 PM UTC
SquawkNews
Army Awards Missile Contract to Lockheed Martin Valued at Up to $1.2 Billion
S. Army to produce precision strike missiles. The indefinite delivery, indefinite quantity contract covers initial procurement and future orders of Increment 2 missiles, as well as follow-up production as needed.