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Army

Lockheed, Raytheon Developing Missiles To Inform Army’s Future Long-Range PrSM Inc. 4

By Matthew Beinart

Monday, March 27th, 2023

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Lockheed, Raytheon Developing Missiles To Inform Army’s Future Long-Range PrSM Inc. 4

Rendering of Lockheed Martin's Long Range Maneuverable Fires (LRMF) concept. Image: Lockheed Martin.

Lockheed Martin [LMT] and a team of Raytheon Technologies [RTX] and Northrop Grumman [NOC] will develop long-range missile concepts to inform the design of a future extended range version of the Army’s new Precision Strike Missile (PrSM), the firms said Monday. Raytheon’s selection to work on the Long Range Maneuverable Fires (LRMF) design program signals its return to the PrSM effort after exiting the program in March 2020 during the initial competition against Lockheed Martin, which won the production contract.…

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