Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $20,000,000 firm-fixed-price contract for procurement of long-lead item materials needed to support the development, testing and qualification of the Precision Strike Missile system. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of April 28, 2025.
Fiscal 2021 research, development, test and evaluation, Army funds in the amount of $20,000,000 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.
In March 2016, Lockheed Martin, Boeing, and Raytheon announced they would offer a missile to meet the U.S. Army’s Long Range Precision Fires (LRPF) requirement to replace the ATACMS. The missile will use advanced propulsion to fly faster and farther (originally out to 310 miles (500 km)) while also being thinner and sleeker,...MORE
