Lockheed nets $4.9 billion US Army contract to build more precision strike missiles
The PrSM missiles, known as Increment 1 weapon systems, will eventually replace the US Army’s Army Tactical Missile Systems (ATACMS).
Iron Fist on a CV90 IFV. (Photo: BAE Systems)
Elbit Systems will provide its Iron Fist APS to BAE Systems Hägglunds for installation on the latter’s CV90 IFVs under a US$130 million deal announced on 8 August.
The contract will be completed over the course of this decade but the number of systems and European customer were not disclosed.
Iron Fist is a kinetic system provides armoured platforms with 360° protection from a wide variety of threats, such as anti-tank rockets and missiles, as well as UAS and loitering munitions.
The system has proved popular with the US evaluating it for upgraded Bradley IFVs, Australia contracting it for Redback IFVs and other CV90 operators buying the system as well as proving its worth in Israel’s current operations in the Gaza Strip.
In September 2023 it was announced that Elbit Systems had received $109 million for Iron Fist systems from an undisclosed European customer for use on CV90s which may have been Slovakia.
In September 2019 BAE Systems to integrate Iron Fist onto the Dutch fleet of CV90s following successful testing to integrate it onto the platform.
In May this year received a $37 million contract to deliver Iron First systems for the US Army’s Bradley M2A4E1 IFVs.
It is not known which country the latest order is for but Danish CV90s are being upgraded by BAE Systems under a contract placed in March and Ukraine is also receiving new CV90s to add to existing vehicles of the same class which it already operates.
The PrSM missiles, known as Increment 1 weapon systems, will eventually replace the US Army’s Army Tactical Missile Systems (ATACMS).
The Rapid Capabilities and Critical Technologies Office plans to deploy armoured and infantry platoon configurations around FY2027.
Penske Australia will also carry out local assembly and testing of Allison X1100 series cross-drive transmission under licence using kits supplied by South Korea's SNT Dynamics.
Swedish company showcases Arctic UGV test as it eyes NATO defence market expansion.
As part of its experimentation campaign, the service will assess CJADC2 concepts and capabilities in challenging environments.
The Hanwha Armoured vehicle Centre of Excellence (H-ACE) is a A$225 million (US$142 million) factory being built beside Avalon Airport near Melbourne, Australia, despite a substantial drop in the number of vehicles originally planned to be produced.