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US Army Expands Long-Range Firepower with $4.94 Billion Lockheed Martin Precision Strike Missile Production Contract.

On March 31, 2025, the American Defense Company Lockheed Martin announced it has been awarded a major Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army, valued at up to $4.94 billion, for the continued production of the Precision Strike Missile (PrSM). This strategic agreement marks a significant step in the U.S. Army’s modernization efforts, aimed at dramatically enhancing its long-range precision fires capabilities in response to evolving global threats. Read full Defense News at this link ...

A U.S. Army M142 HIMARS launches a Precision Strike Missile (PrSM) during a live-fire test, showcasing the system’s extended-range precision strike capability and enhanced firepower. (Picture source: U.S. DoD)

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