The U.S. Army awards Lockheed Martin an indefinite delivery, indefinite quantity (IDIQ) contract worth up to $1.2 billion to produce Increment 2 of the Precision Strike Missile (PrSM), according to both outlets. The agreement is tied to ongoing missile development and follow-on production for the Army.
PR Newswire says the contract follows a second maritime test in which the new PrSM demonstrates moving target engagement, and it describes the effort as expanding the Army’s mission set. Forbes reports that Increment 2 is intended to be used with the U.S. Army’s HIMARS mobile rocket launcher systems. While both accounts center on the same contract value and missile increment, PR Newswire emphasizes the test-driven capability and maritime context, whereas Forbes focuses more directly on operational integration with HIMARS.
No outlet provides further details on delivery schedules, specific quantities, or cost breakdowns beyond the contract’s “up to” value.
