Lockheed Clinches a $59M Contract for Precision Strike Missile
LMTLockheed Martin(LMT) ZACKS·2024-12-19 21:36

Lockheed Martin Corp. (LMT) recently secured a modification contract for the Precision Strike Missile (PrSM).  The deal has been given by the Army Contracting Command, Redstone Arsenal, AL.Valued at $59.2 million, the contract is expected to be completed by Sept. 30, 2027. The work related to this contract will be executed in Grand Prairie, TX.A Note on LMT’s Precision Strike Missile Lockheed’s PrSM is a long-range missile designed for the U.S. Army capable of neutralizing targets beyond 310 miles. This new ...