US Army Partner Quadruples Manufacturing For Next-Gen Missile
Lockheed Martin has signed a new framework agreement with the US Department of War to accelerate production of the Precision Strike Missile (PrSM), aiming to quadruple manufacturing capacity for the US Army’s next-generation long-range surface-to-surface missile. The agreement builds on a March 2025 US Army contract worth up to $4.94 billion for additional PrSM production. PrSM is being developed as the successor to the Army Tactical Missile System (ATACMS) and is designed for launch from both the M142 HIMARS and M270 family of launchers. According to Lockheed Martin, the arrangement is designed to accelerate output as demand for long-range precision fires continues to grow. This development was first reported by AeroTime.