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Lockheed MartinIn development

US Army Awards Lockheed $1.2B Contract for Maritime-Strike PrSM

What happened

Lockheed Martin is developing Increment 4 of its Precision Strike Missile (PrSM), which will introduce a ramjet propulsion system to extend its range beyond 1,000 kilometers.

Source

Article excerpt

The US Army has awarded Lockheed Martin a $1.21-billion indefinite-delivery/indefinite-quantity contract for the Precision Strike Missile (PrSM) Increment 2 Early Operational Capability (EOC). Unlike the baseline Increment 1, which was designed primarily for land targets, Increment 2 adds a maritime strike capability through a new multi-mode seeker designed to detect, track, and engage moving targets. The seeker was demonstrated during a 350-kilometer (217-mile) flight test in February, marking a key step toward the missile’s early operational capability. Initial operational capability is expected in 2028. Work under the EOC contract will continue through 2030, with work locations and funding determined with each order. The contract is expected to produce 120 EOC missiles in 2026-27. The contract comes after the PrSM’s first operational deployment against Iranian targets in March. The US Army has since awarded Lockheed Martin an $8.4-billion contract modification to expand production capacity. Lockheed Martin announced in December that it was scaling up annual PrSM production to 400 missiles. The PrSM replaces the Army Tactical Missile System and has an initial range of more than 400 kilometers (248 miles), extending its reach by at least 100 kilometers (62 miles) over its predecessor. The missile is compatible with the M142 High Mobility Artillery Rocket System and M270A2...

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Extracted from this sentence

Increment 4 introduces a ramjet propulsion system alongside a rocket booster .

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From the Signal API record
Event
In development

What this signalsWork in development often leads to new buying for tools, data and services.

Product
Precision Strike Missile (PrSM) Increment 4

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The full record

From the Signal API record

Details

Release type
Generation

Topics and mentions

Product tags

  • general technology

Extraction

Confidence
80%
Detected
Sep 18, 2026
signal_type
news
signal_subtype
is_developing

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a405feac-f66d-87ad-08da-f30775d48019 returns this record as JSON. POST /v1/companies/enrich returns every signal for lockheedmartin.com.

{
  "signal_id": "a405feac-f66d-87ad-08da-f30775d48019",
  "signal_type": "news",
  "signal_subtype": "is_developing",
  "detected_at": "2026-09-18T08:59:45+00:00",
  "company": {
    "name": "Lockheed Martin",
    "domain": "lockheedmartin.com"
  },
  "data": {
    "url": "https://thedefensepost.com/2026/09/18/us-army-prsm/",
    "title": "US Army Awards Lockheed $1.2B Contract for Maritime-Strike PrSM - The Defense Post",
    "excerpt": "The US Army has awarded Lockheed Martin a $1.21-billion indefinite-delivery/indefinite-quantity contract for the Precision Strike Missile (PrSM) Increment 2 Early Operational Capability (EOC). Unlike the baseline Increment 1, which was designed primarily for land targets, Increment 2 adds a maritime strike capability through a new multi-mode seeker designed to detect, track, and engage moving targets. The seeker was demonstrated during a 350-kilometer (217-mile) flight test in February, marking a key step toward the missile’s early operational capability. Initial operational capability is expected in 2028. Work under the EOC contract will continue through 2030, with work locations and funding determined with each order. The contract is expected to produce 120 EOC missiles in 2026-27. The contract comes after the PrSM’s first operational deployment against Iranian targets in March. The US Army has since awarded Lockheed Martin an $8.4-billion contract modification to expand production capacity. Lockheed Martin announced in December that it was scaling up annual PrSM production to 400 missiles. The PrSM replaces the Army Tactical Missile System and has an initial range of more than 400 kilometers (248 miles), extending its reach by at least 100 kilometers (62 miles) over its predecessor. The missile is compatible with the M142 High Mobility Artillery Rocket System and M270A2...",
    "product": "Precision Strike Missile (PrSM) Increment 4",
    "summary": "Lockheed Martin is developing Increment 4 of its Precision Strike Missile (PrSM), which will introduce a ramjet propulsion system to extend its range beyond 1,000 kilometers.",
    "planning": false,
    "image_url": "https://thedefensepost.com/wp-content/uploads/2024/03/24-02171-TM_PrSM_Contract_Milestone_Package_Article_Image2.jpg",
    "confidence": 0.8,
    "product_data": {
      "name": "Precision Strike Missile (PrSM) Increment 4",
      "full_text": "Precision Strike Missile (PrSM) Increment 4",
      "fuzzy_match": false,
      "release_type": "generation"
    },
    "product_tags": [
      "general_technology"
    ],
    "published_at": "2026-09-18T08:59:45Z",
    "article_sentence": "Increment 4 introduces a ramjet propulsion system alongside a rocket booster ."
  }
}

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