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Precision Strike Missile production to ramp up to 400 per year...

Lockheed Martin is increasing the production capacity for their Precision Strike Missile (PrSM) to 400 missiles per year following a pair of contract awards in recent months worth nearly $5 billion. In the Department of Defense's daily release of contracts last Friday, they announced...
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2
min.
A THAAD interceptor is launched from the Reagan Test Site, Kwajalein Atoll in the Republic of the Marshall Islands, during Flight Test THAAD-23, August 30, 2019.

Lockheed Martin awarded $2.8 billion ceiling contract for THAAD development

The United States Department of Defense’s Missile Defense Agency (MDA) has awarded Lockheed Martin a new contract with a $2.8 billion ceiling to continue...
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4
minutes