- The U.S. Army contracted Lockheed Martin for $1.2 billion to build the first batch of PrSM Increment 2, a maritime-strike variant that integrates a seeker for moving targets, with work scheduled through September 2031.
- PrSM Inc 2 arms HIMARS and MLRS launchers with a maritime strike range of up to 248 miles, and the future Increment 4 variant targets 621 miles.
- The State Department approved the potential $24.3 billion sale of 48 Lockheed Martin F-35s and 49 Pratt & Whitney engines to Saudi Arabia, pending congressional approval.
- The Pentagon and Lockheed Martin signed a framework agreement to expand AIM-260 JATM production, laying groundwork for a future multiyear buy of the long-range air-to-air weapon.
Quotes
“The proposed F-35 sale reflects the strength and enduring nature of the Saudi-U.S. strategic partnership and the continued advancement of our defense cooperation.”