MARCH 25, 2026 – The Department of War (DoW), in partnership with Lockheed Martin, today announced a new framework agreement to accelerate the production of the Precision Strike Missile (PrSM).
The agreement is a direct outcome of Secretary Hegseth’s mandate to move faster, put the defense industrial base on a wartime footing, and build the Arsenal of Freedom.
Under the agreement, Lockheed Martin will make targeted investments in advanced tooling, facility modernization, and critical testing equipment to slash production lead times.
By focusing on these critical industrial base elements, the Department is ensuring this deep-strike capability can be delivered to the warfighter faster and more efficiently than ever before.
This framework agreement also establishes the potential to negotiate a multi-year contract for up to seven years, should Congress authorize a multi-year contract in the future.
“Through this agreement, we are actively building the Arsenal of Freedom with speed and urgency,” said Michael Duffey, Under Secretary of War for Acquisition and Sustainment. “By empowering industry to invest in the factory floor, we are building a decisive and enduring advantage for our warfighters to outpace any potential adversary.”
This initiative is a core component of the Department’s broader Acquisition Transformation Strategy and the work of the Munitions Acceleration Council, executed in close collaboration with the Army and several DoW components, including the Economic Defense Unit.
By forging partnerships with industry leaders, the Department of War is ensuring that the Arsenal of Freedom and the industrial base remain robust, responsive, and capable of delivering speed, scale, and resilience needed to deter aggression and ensure the United States and its allies are prepared to prevail in any conflict.