U.S. Army Announces $1.2 Billion Contract for Precision Strike Missile Increment 2 Production

REDSTONE ARSENAL, Ala. – The United States Army has awarded a Precision Strike Missile Increment 2 indefinite‑delivery, indefinite‑quantity contract val… REDSTONE ARSENAL, Ala. – The United States Army has awarded a Precision Strike Missile Increment 2 indefinite‑delivery, indefinite‑quantity contract valued at up to $1.2 billion to Lockheed Martin Missiles and Fire Control, Grand Prairie, TX. The award comes after a highly successful Fiscal Year 2026 flight campaign that validated PrSM Inc 2 performance against moving maritime and relocatable land targets. PrSM Inc 2 incorporates advanced multi-mode seeker technologies and builds upon the Army’s investment in long fire precision fires capabilities.

It also solidifies the Army’s long-range dominance, enhances the Army’s ability to deter potential adversaries, and provides options for delivering dominating precision fires effects when deterrence fails. In addition, PrSM Inc 2 provides options for fires formations. The contract award reflects a unified effort between PAE Fires and Army Contracting Command-Redstone Arsenal, underscoring their shared commitment to mission success and the modernization of the force.