Lockheed Martin is awarded a U.S. Army missile contract valued at up to $1.2 billion. The deal relates to the Army’s Precision Strike Missile (PrSM) program, according to reports from multiple outlets.

The contract size and “up to” ceiling indicate the work may span multiple phases and depend on subsequent deliveries or options rather than representing a single fixed award. Outlets describe the agreement in broadly similar terms, focusing on the contract’s dollar value and its connection to PrSM.

While the reports align on the core facts—Lockheed Martin as the contractor, the U.S. Army as the customer, and a value up to $1.2 billion—coverage differs mainly in phrasing rather than substance. For example, one outlet frames the announcement as a missile contract award, while another specifies the PrSM missile system. None of the provided summaries add further details such as the contract duration, quantity of missiles, or delivery milestones.