Lockheed Martin wins $8.4 billion Army deal for Precision Strike Missiles

The modification expands production of Precision Strike Missiles Increment One through fiscal 2032 and lifts the contract's cumulative value to $13.3 million billion-class total of $13.3 billion.

The modification expands production of Precision Strike Missiles Increment One through fiscal 2032 and lifts the contract's cumulative value to $13.3 million billion-class total of $13.3 billion.

Lockheed Martin Corp. won an $8.4 billion Army contract modification to boost Precision Strike Missile production on June 23, 2026.