Lockheed Martin Wins PrSM Contract
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•US Politics
US Politics
Lockheed Martin clinches $4.94 billion US Army missile contract
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Lockheed Martin says U.S. Army has awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM) Shares of the defense giant rose more than 1% in afternoon trade.
Pentagon has been prioritizing purchases of the PrSM , which is to replace the Army Tactical Missile (ATACM).
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