Tag: Lockheed Martin

A U.S. Army M270A2 launcher executes a production qualification test firing of the Precision Strike Missile (PrSM) at White Sands Missile Range, New Mexico. (Photo: Darrell Ames / U.S. Army / DVIDS)
News United States
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Pentagon Awards Lockheed Martin $1.21 Billion PrSM Increment 2 Contract for Early Operational Capability

WASHINGTON — The U.S. Army Contracting Command has awarded Lockheed Martin Corp. a $1.21 billion contract for the Precision Strike Missile (PrSM) Increment 2 Early Operational Capability, advancing the service's long-range precision fires modernization efforts. Under the cost-plus-fixed-fee and firm-fixed-price indefinite-delivery/indefinite-quantity agreement, work will be managed out of Grand Prairie,…