Military Embedded Systems

Precision strike missiles contract for U.S. Army won by Lockheed Martin


March 08, 2024

Dan Taylor

Technology Editor

Military Embedded Systems

Image via Lockheed Martin

DALLAS, Texas. Lockheed Martin won a $219 million contract to increase production of the Precision Strike Missile (PrSM) for the U.S. Army, the company announced in a statement.

This agreement marks the fourth production contract for the long-range surface-to-surface missile, aimed at boosting production capacity to fulfill Army requirements. The PrSM, a component of the U.S. Army's modernization efforts, had its first deliveries in December 2023, following a successful production qualification test in November, the statement reads.

The missile features open systems architecture, modularity for future upgrades, and compatibility with existing systems, the company says.

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