Lockheed Martin: $219 million contract with the US army


(CercleFinance.com) – Lockheed Martin wins a $219 million contract to produce additional precision strike missiles (PrSM) for the US military.

This is the fourth production contract to date for the long-range missile, which will meet the demand of the US military.

Lockheed Martin delivered the first missiles in December 2023 following a successful production qualification test in November.

“We are proud to deliver this long-range deterrent capability to our Army customer and we continue to work to advance the program and production on a very specific schedule,” said Jay Price, vice president of marksmanship. precision at Lockheed Martin.

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