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News 2026-09-21 22:17 UTC

Lockheed Martin wins US Army missile contract worth up to $1.2 billion

Lockheed Martin secured a contract worth up to $1.2 billion from the US Army to produce the Increment 2 variant of the Precision Strike Missile (PrSM). PrSM is the Army's next-generation long-range precision strike weapon, designed to replace the Army Tactical Missile System, or ATACMS.