Browsing Tag
PrSM Increment 2
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Lockheed Martin wins up to $1.2bn as PrSM Increment 2 moves into production
Lockheed Martin has secured an IDIQ contract worth up to $1.2 billion for Precision Strike Missile Increment 2, moving the multimode-seeker weapon into initial production after flight tests against moving maritime targets while the company works to quadruple overall PrSM manufacturing capacity.
September 27, 2026