US Army orders $1.2B PrSM Increment 2 missiles

Lockheed Martin won a U.S. Army contract worth up to $1.2 billion to produce Precision Strike Missile Increment 2. The new version adds a multimode seeker for engaging moving land and maritime targets, with further flight tests planned for 2027.

• IDIQ contract worth up to $1.2B covers procurement and further development
• Increment 2 adds a multimode seeker for moving land and sea targets
• Missile launches from HIMARS and M270; more tests set for 2027
• Lockheed Martin aims to quadruple PrSM production