Lockheed (LMT) Wins $219M Deal for Precision Strike Missile

Lockheed Martin Corporation (LMT) recently secured a modification contract for the Precision Strike Missile (PrSM) early operational capability Lot 3 requirement.  The deal has been given by the Army Contracting Command, Redstone Arsenal, AL.Valued at $219.7 million, the contract is expected to be completed on Mar 6, 2026. The work related to this contract will be executed in Grand Prairie, TX.What’s Favoring Lockheed Martin?Lockheed Martin’s PrSM is a long-range precision-strike missile designed for the U. ...