March 25, 2026

Pentagon Signs New Deals to Boost Wartime Missile Production

Lockheed Martin, BAE Systems, and Honeywell will expand output of missiles and key defense components under new, long-term agreements.

Pentagon Signs New Deals to Boost Wartime Missile Production

TL;DR

  • Pentagon signs agreements with major defense contractors to speed up production of key weapon systems.
  • Lockheed Martin signed a seven-year deal with the U.S. Department of War to quadruple production capacity for the Precision Strike Missile (PrSM).
  • The PrSM is a GPS-guided missile with a range of about 250 miles.
  • The PrSM recently had its first officially confirmed combat use against Iranian targets.
  • A video showed the PrSM being launched from Lockheed Martin's HIMARS truck-mounted launcher.

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