Supply Chain & Manufacturing Challenges   Military Aircraft Procurement   Missile Systems & Strategic Weapons   Defense Industry & Major Contractors  

Lockheed Martin wins up to $1.2 billion to produce moving-target Precision Strike Missile variant

Bookmark this story

Lockheed Martin will enter production of the Precision Strike Missile Increment 2 after a successful test against moving maritime targets, under a U.S. Army indefinite-delivery/indefinite-quantity contract worth up to $1.2 billion. The agreement advances PrSM’s anti-ship and moving land-target capability while further flight testing continues.

Discovered 2026-09-21T15:05:30.896305-07:00 | 2026-09-21T15:05:30.896305-07:00

Briefing

What Hype is tracking

  • The contract moves PrSM Increment 2 from development into production, establishing a procurement pathway for a variant designed to engage moving maritime and land targets.
  • The potential $1.2 billion value signals sustained Army investment in long-range precision fires and Lockheed Martin’s missile-production capacity.
  • The related M270A2 launcher upgrades and broader efforts to accelerate missile deliveries connect the program to the Army’s wider push to expand and modernize its precision-strike infrastructure.

Reported By

homelandprepnews.com defenceagenda.com zona-militar.com aero-defence.tech c-130.net Aviacionline
Sources Tracked
41
First Seen
2026-09-21T15:05:30.896305-07:00
Latest Update
2026-09-24T16:28:05.191757-07:00
Coverage
Defense

Sources

Hype groups these reports into one evolving story so you can compare coverage without losing the thread.

Related Coverage