Lockheed nets $4.9 billion US Army contract to build more precision strike missiles
PrSM is the US Army's next-generation long-range precision strike missile. (Photo: Lockheed Martin)
The PrSM missiles, known as Increment 1 weapon systems, will eventually replace the US Army’s Army Tactical Missile Systems (ATACMS).
The US Army has awarded Lockheed Martin with a US$4.9 billion contract to produce Precision Strike Missiles (PrSM).
The contract, for an indefinite delivery of an indefinite number of missiles (IDIQ) signals a “significant increase in production capacity” to meet the growing demand for these missiles, according to Lockheed Martin.
“Lockheed Martin is committed to delivering this deterrent capability in support of the Army’s vision for a lethal and resilient force,” said Carolyn Orzechowski, vice president of precision fires, launchers and missiles at Lockheed Martin.
The PrSM will serve as a replacement for the Army Tactical Missile System (ATACMS) –
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Land Warfare
-
![France’s artillery rocket competition aims for sovereign solution as contest enters decisive phase]()
France’s artillery rocket competition aims for sovereign solution as contest enters decisive phase
France’s requirement for a replacement MLRS is intended to provide the country with a sovereign capability to bolster the country’s strategic autonomy, with a final platform expected to be in service by 2030.
-
![Raytheon UK team awarded US$2.7 billion British Army training contract]()
Raytheon UK team awarded US$2.7 billion British Army training contract
The British Army’s Collective Training System 15-year contract is planned to provide soldiers with an integrated, digitally enabled system and transform how they train, prepare and adapt for future missions.
-
![Combined arms the Turkish way – showcasing new tech at an amphibious exercise]()
Combined arms the Turkish way – showcasing new tech at an amphibious exercise
New Turkish weapon systems and operational capabilities continue to evolve, as the recent EFES 2026 event clearly demonstrated.
-
![What does the proliferation of larger platforms mean for the UGV market?]()
What does the proliferation of larger platforms mean for the UGV market?
A surge in heavier, combat-focused uncrewed ground vehicles is emerging, although operational demand remains uncertain.
-
![Fenris 6x6 emerges as first joint vehicle from John Cockerill-Arquus partnership]()
Fenris 6x6 emerges as first joint vehicle from John Cockerill-Arquus partnership
The new 6x6 wheeled fire support vehicle is armed with a 105mm NATO-standard high-pressure rifled gun, positioning it for the French Army and wider potential allied requirements.
-
![Do heavy IFV designs make sense on the modern battlefield?]()
Do heavy IFV designs make sense on the modern battlefield?
Even with additional armour, many current-generation infantry fighting vehicles are highly vulnerable to enemy fire in the contemporary operating environment. Are heavier platforms based on tank designs for use in this role the answer?
