Lockheed Martin on Sept. 14, secured a $1.2 billion Pentagon missile system contract, according to a notice posted that day.
Breaking Defense says the program, called Precision Strike Missile Increment 2 Early Operational Capability, is the Army’s initiative to develop a missile capable of hitting moving ships and other maritime threats, and is designed to travel up to 310 miles.
In a statement shared with DefenseScoop, Dave Griser, vice president of Lockheed’s precision fires launchers and missiles program, said, “This award marks an important step in delivering PrSM Increment 2 to the warfighter…