Lockheed Martin Answers the Nation's Call and Quadruples Precision Strike Missile Production

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Lockheed Martin and the Department of War have formed an agreement to quadruple the production capacity of Precision Strike Missiles (PrSM), building on a previous $4.94 billion contract with the U.S. Army. This initiative aims to enhance the U.S. military’s deep-strike capabilities and strengthen the industrial base, with PrSM recently used in combat for the first time. The company has invested over $7 billion since 2017 to expand its production capacity for critical systems, including munitions.

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