US Army Awards Lockheed Martin $158M Early Operational Capacity PrSM Delivery Contract

Lockheed Martin has secured a $158 million contract from the U.S. Army to provide additional early operational capability Precision Strike Missiles.

PrSM is a next-generation, long-range surface-to-surface weapon system that can destroy targets using indirect fires. It is built on an open architecture, has an effective range of over 499 kilometers and can be launched using the Multiple Launch Rocket System M270 and the High Mobility Artillery Rocket System family of launchers.

The EOC PrSM delivery contract follows a successful Manufacturing Readiness Assessment milestone by the Army. The award also comes after the first EOC production and Engineering and Manufacturing Development contracts that were issued in September 2021, Lockheed said Tuesday.

In 2021, the missile was able to surpass 499 kilometers during a test flight at the Vandenberg Space Force Base in California.

The defense contractor is currently building the missiles to meet the Army’s initial production contract and additional rounds. The missiles will be used for upcoming system qualification tests, which are slated for 2023.

A full-rate production decision is expected to be made in 2025.

Lockheed Martin offers fixed-wing and rotor-wing aircraft, hypersonics, directed energy, artificial intelligence, C4ISR, electronic warfare and joint all-domain operations products and services. It is headquartered in Bethesda, Maryland, and has offices within and outside the U.S.