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News 2026-09-22 10:13 UTC

Lockheed Martin Lands $1.2 Billion Army Missile Deal

Lockheed Martin Corp. (NYSE: LMT ) said Monday it secured a U.S. Army contract worth up to $1.2 billion to produce the next version of its Precision Strike Missile, or PrSM. The indefinite delivery, indefinite quantity contract covers initial orders for PrSM Increment 2 missiles. It also includes future production and