Lockheed Secures $348M Army Contract to Improve Air, Missile Defense Prototypes by Kristen Smith July 2, 2026, 3:58 am Lockheed Martin Lockheed Martin’s missile and fire control unit received a $347.5 million Army contract to improve air and missile defense system prototypes The cost-plus-incentive-fee award covers development, fabrication and testing through December 2028 The deal follows a run of big Army awards for Lockheed, including an $8.4 billion PrSM modification and a $3 billion...