US Army awards Lockheed Martin $1.2B… | The BriefBrief
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Event Brief

US Army awards Lockheed Martin $1.2B PrSM contract

Filed: Sep 22, 2026 at 12:05 PM ET
Summary: The U.S. Army awarded Lockheed Martin an indefinite-delivery, indefinite-quantity contract worth up to $1.2 billion for initial production and future orders of PrSM Increment 2. The contract supports moving from flight testing into production and expands long-range precision fires capability.
WHO: U.S. Army; Lockheed Martin
WHAT: Awarded Lockheed Martin a contract for PrSM Increment 2 production and future orders
WHEN: Sep 22, 2026 at 11:04 AM ET
WHERE: USA
WHY: Cause not yet established.

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