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Lockheed Martin Receives $180.7 Million For Next Phase Of Army’s PrSM Missile Program

Matthew Beinart By
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Lockheed Martin Receives $180.7 Million For Next Phase Of Army’s PrSM Missile Program
Lockheed Martin's Precision Strike Missile (PrSM)

Lockheed Martin [LMT] has received a $180.7 million deal from the Army to work on the next phase of the Precision Strike Missile (PrSM) program, the company told Defense Daily on Wednesday. The PrSM Enhanced Technical Maturation and Risk Reduction (ETMRR) phase contract, which was awarded through the Advanced Technology International consortium, will include building four missiles, conducting three flight tests and going through subsystem qualification. “Lockheed Martin will complete the TMRR phase this summer and, based on excellent program…

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