United States, June 24 -- Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $8,402,489,648 modification (P00007) to contract W31P4Q-25-D-0010 to increase the ceiling and extend the ordering period for increased production capacity of Precision Strike Missiles Increment One and procurement of Early Operational Capability assets, follow-on production, development, and obsolescence management through fiscal 2032.The modification brings the total cumulative face value of the contract to $13,339,535,048.Work locations and funding will be determined with each order, with an estimated completion date of Sept. 30, 2032. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.
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