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This article was generated using artificial intelligence (LMStudio) on 2025-03-29T22:49:02.484805. The original article can be found at https://www.defensedaily.com/army-awards-nearly-5-billion-prsm-inc-1-production-contract-to-lockheed-martin/army/.
The United States Army has announced the award of a significant production contract to Lockheed Martin for the Precision Strike Missiles (PrSM) Increment 1 program. The agreement, finalized on March 28th, is valued at approximately $4.9 billion. This represents a substantial investment in the development and deployment of this advanced missile system.
The PrSM program aims to provide the Army with a long-range precision strike capability designed to engage targets beyond current artillery range. Increment 1 specifically focuses on initial production and fielding efforts, building upon prior development and testing phases. The missiles are intended to enhance battlefield flexibility and strategic options for military units.
Lockheed Martin will be responsible for manufacturing and delivering the PrSM Increment 1 missiles under the terms of this contract. Details regarding the specific timeline for production and delivery were not immediately released in the public announcement. The program represents a key component of the Army’s modernization efforts, focusing on enhanced long-range fires capabilities.
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