Lockheed wins $243 million contract for long-range fires development

By Ethan Sterenfeld / November 3, 2021 at 10:19 AM

Lockheed Martin Missiles and Fire Control has won a $243 million Army contract for "long-range fires technology development and demonstration," according to an Oct. 28 Pentagon contract announcement.

The indefinite-quantity, indefinite-delivery contract will support research, development, test and evaluation for the Precision Strike Missile and Multiple Rocket Launch System munitions and launchers, an Army spokeswoman wrote in a Nov. 3 statement to Inside Defense.

"Future PrSM and Multiple Launch Rocket System (MLRS) munitions and launchers RDT&E-related work will be contracted under this award," the spokeswoman wrote.

The contract lasts through Oct. 27, 2026.

Lockheed is developing the PrSM, a replacement for the Army Tactical Missile System. An initial increment of PrSM will be urgently fielded in fiscal year 2023, with full fielding expected in FY-25.

The company is also developing an upgrade to its Guided MLRS rockets, the Extended Range GMLRS, which will more than double the system’s range.

Long-range precision fires has become the Army's top modernization priority, and PrSM is one of the service's 35 priority modernization efforts. The Army is buying more of the launchers that fire PrSM, ATACMS and GMLRS.