Precision strike missile (prsm) for fiscal year 2026, full rate production lot 1
Active Awarded Last action
- Contract number
- W31P4Q26F0023
- Awardee
-
Lockheed Martin Corporation UEI XFJMYSYFJEK4 Part of Lockheed Martin Corp
- Awarding agency
-
Aviation and Missile Command
Army Materiel Command, Department of Defense
- Obligated
- $538,917,526
Award facts
- Contract value 100% obligated
- $538,917,525.52 Current and potential, with all options
- Completion date 16% complete
- Current and potential, with all options
- Funding agency
- PEO Missiles and Space Acquisition Support Center, Department of Defense
- NAICS code
- 336413 Other Aircraft Parts and Auxiliary Equipment Manufacturing
- PSC
- 1410 Guided Missiles
- Set-aside
- No set-aside
- Competition
- Not Competed Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Grand Prairie, TX 75051, USA
- Defense program
- Precision Strike Missile
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $95,347,720 | |
| Funding Only Action | -$3,617,873 | |
| Supplemental Agreement for work within scope | $23,039,577 | |
| Other Administrative Action | $7,071,627 | |
| Original award | $417,076,475 |
About this award
The U.S. Army's Program Executive Office Missiles and Space issued a $538.9 million delivery order to Lockheed Martin Corporation on March 31, 2026, under the Precision Strike Missile (PrSM) Fiscal Years 2025–2029 Indefinite Delivery/Indefinite Quantity contract for Full Rate Production Lot 1, Fiscal Year 2026.
The parent IDIQ supports development, production, and sustainment of precision strike missile systems across the Department of Defense. Place of performance is Grand Prairie, TX. The order extends through September 30, 2029, on a firm fixed-price basis. This delivery order represents the initial full-rate production lot under the PrSM Major Defense Acquisition Program, which operates under the Major Capability Acquisition pathway with Acquisition Category IB. No set-aside was used.
Quick answers
Who was awarded contract W31P4Q26F0023?
W31P4Q26F0023 was awarded to Lockheed Martin Corporation by Aviation and Missile Command (Army Materiel Command) on March 31, 2026.
How much is contract W31P4Q26F0023 worth?
The government has obligated $538,917,526 on W31P4Q26F0023.
Which agency awarded contract W31P4Q26F0023?
Aviation and Missile Command (Army Materiel Command) awarded W31P4Q26F0023, with funding from PEO Missiles and Space (Acquisition Support Center).
Is contract W31P4Q26F0023 an order under another contract?
Yes. W31P4Q26F0023 is a delivery order under W31P4Q25D0010, an indefinite delivery contract.
Was contract W31P4Q26F0023 competed?
The extent of competition for W31P4Q26F0023 was not competed.
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