Lockheed Martin Expands Precision Strike Missile Production as U.S. and Allied Demand Grows

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Lockheed Martin is expanding production of its Precision Strike Missile (PrSM) as demand from the United States and allied nations grows. The company said the U.S. Army’s Foreign Military Sales framework is making the long-range surface-to-surface missile available to allies. Lockheed plans to invest $8 billion to $9 billion through 2030 to modernize more than 20 U.S. missile-manufacturing facilities, with investment spanning PrSM, PAC-3 and THAAD programs. At its Camden, Arkansas, facility, the company reported more than 115,500 square feet of dedicated PrSM production space and roughly 400 employees supporting manufacturing.

The production expansion is backed by a framework agreement announced in March between Lockheed Martin and the U.S. Department of War. Lockheed said it expects the agreement to quadruple PrSM production capacity, building on a previously awarded $4.94 billion U.S. Army contract. The framework provides a basis for negotiating a multiyear production contract, subject to congressional authorization. The broader modernization effort includes digital engineering, automated manufacturing processes and supplier partnerships; Hadrian is supplying CNC machining to help shorten production lead times.

The multiyear contract remains subject to congressional authorization, and its negotiation and outcome have not been disclosed. Lockheed’s PrSM production plans also sit within a wider modernization effort at facilities in Arkansas, Alabama, Florida, Massachusetts and Texas. The missile has entered full-scale production following Milestone C approval from the U.S. Army in July last year, and U.S. Central Command confirmed its operational use in March during Operation Epic Fury, launched by the United States and Israel against Iran in February.

Original report

US allies’ demand for Precision Strike Missile grows; Lockheed ramps up production

InterestingEngineering.com · Muskan Bhatia
Read at InterestingEngineering.com

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