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News 2026-09-22 12:21 UTC

Lockheed Martin wins up to $1.2B U.S. Army Precision Strike Missile deal

Lockheed Martin secured a U.S. Army contract valued at up to $1.2 billion for the next version of its Precision Strike Missile, moving the program toward production after recent flight testing. The indefinite-delivery, indefinite-quantity agreement covers initial purchases and additional orders.