US Army Awards $1.2B for First Maritime-Strike PrSM Batch

The US Army awarded Lockheed Martin a $1.2 billion contract for the first batch of Precision Strike Missile Increment 2, a maritime-strike variant with a seeker for moving targets. This procurement, originally slated for FY2026, signals an accelerated fielding of an anti-ship capability that extends the Army's land-based strike reach to naval targets. The contract's long timeline to 2031 suggests early operational capability but also potential for schedule risk.