{
  "id": 9029061,
  "title": "Lockheed wins US Army missile contract worth up to US$1.2 billion",
  "url": "https://urgent.news/2026/09/21/lockheed-wins-us-army-missile-contract-worth-up-to-us-1-2-billion",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-21T22:51:35.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/world/world/2026/09/1537949/lockheed-wins-us-army-missile-contract-worth-us12-billion"
  },
  "original_language": "en",
  "account": "Lockheed Martin has secured a significant contract worth up to US$1.2 billion from the US Army to manufacture the Increment 2 variant of the Precision Strike Missile (PrSM). This missile is part of the Army's next-generation long-range precision strike weapon system, which is set to replace the Army Tactical Missile System, or ATACMS. The award comes after a successful flight test of the missile's Increment 2 variant, demonstrating its capability to target moving maritime vessels. Lockheed Martin is currently expanding its production capacity in response to growing demand for such advanced long-range strike weapons. In March, the company signed a seven-year agreement with the US Department of Defense to increase annual production to 550 missiles, following a previous contract worth US$4.94 billion. This new deal builds upon the weapon's first combat usage during Operation Epic Fury.",
  "summary": "BENGALURU: Lockheed Martin said on Monday it had secured a contract worth up to US$1.2 billion from the US Army to produce the Increment 2 variant of the Precision Strike Missile (PrSM).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Lockheed Martin lands $1.2B Army deal for PrSM missiles",
        "url": "https://urgent.news/2026/09/21/lockheed-martin-lands-1-2b-army-deal-for-prsm-missiles",
        "published": "2026-09-21T21:58:39.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Lockheed wins US Army missile contract worth up to $1.2 billion",
        "url": "https://urgent.news/2026/09/21/lockheed-wins-us-army-missile-contract-worth-up-to-1-2-billion",
        "published": "2026-09-21T22:36:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}