Lockheed Martin Received $219 Million Contract To Produce Additional PrSM Units For US Army

Specifications:

Name:

Lockheed Martin Received $219 Million Contract To Produce Additional PrSM Units For US Army

Location:

USA

Company:

Lockheed Martin

Estimated Cost:

$219 Million

Source:

https://www.lockheedmartin.com/

Introduction:

The U.S. Army has awarded Lockheed Martin a $219 million contract to produce more Early Operational Capability (EOC) Precision Strike Missiles (PrSM).

Features:

The award is the fourth production contract to date for the long-range surface-to-surface missile, which will allow for a significant increase in production capacity to meet Army demand.

Initial deliveries achieved a major modernization milestone for the U.S. Army, securing needed long-range precision fires capability.

PrSM production will continue as Lockheed Martin ramps manufacturing efforts to fulfill current EOC contracts. Additional testing is also planned this year to include an Army-led user test.

PrSM is the U.S. Army’s next generation long-range precision strike missile capable of neutralizing targets beyond 400 kilometers. The new surface-to-surface weapon features open systems architecture design for maximum flexibility, is modular for future growth and is HIMARS and Multiple Launch Rocket System (MLRS) compatible.