Lockheed Martin Wins $1.2B PrSM Increment 2 Contract Following Second Maritime Test

Lockheed Martin has received an indefinite-delivery, indefinite-quantity contract worth up to $1.2 billion to produce the U.S. Army’s Precision Strike Missile (PrSM) Increment 2, following a second flight test of the weapon’s maritime-strike capability. The award covers initial procurement, potential future orders, follow-on production and continued development of the new PrSM variant. It marks a ... The post Lockheed Martin Wins $1.2B PrSM Increment 2 Contract Following Second Maritime Test app

Source: Naval News