The Army grants contract for the early operational capability of the Precision Strike Missile

The U.S. Army Contracting Command at Redstone Arsenal awarded Lockheed Martin Missiles and Fire Control an indefinite-delivery, indefinite-quantity (IDIQ) contract with a maximum value of $4.9 billion. The initial delivery order under this contract includes the procurement of 400 Precision Strike Missile Increment 1 units.

“This contract marks a key investment in the future of the Army, ensuring our soldiers have access to the most advanced and dependable capabilities to fulfill their missions. By collaborating with industry, we are enhancing the readiness of our warfighters while reaffirming our dedication to innovation, modernization, and national defense,” said Maj. Gen. Frank Lozano, PEO Missiles and Space.

PrSM is a next-generation, long-range precision-strike missile designed to provide essential capabilities for attacking, neutralizing, suppressing, and destroying targets, enhancing mission success through integrated joint all-domain operations. PrSM Increment 1 will replace the ATACMS, offering improved range and lethality for Army field artillery units.

The contract award was spearheaded by PEO MS and carried out in collaboration with Army Contracting Command-Redstone Arsenal.