Lockheed (LMT) Wins $219M Deal for Precision Strike Missile
LMTLockheed Martin(LMT) Zacks Investment Research·2024-03-08 20:16

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 ...