Lockheed Martin's PrSM Hits 400km in Successful Test; Wins $647M Trident II D5 Contract

Lockheed Martin's new missile system proves its range and versatility. The company's latest contract win ensures its role in the US and UK's nuclear deterrence for years to come.

, and Administrator

2025 October 4 . 3:55 AM

1 min read

In the image there is a book with army tank and jeeps on it, it seems like a war along with a text... — In the image there is a book with army tank and jeeps on it, it seems like a war along with a text above it.

Lockheed Martin's PrSM Hits 400km in Successful Test; Wins $647M Trident II D5 Contract

Lockheed Martin, a key player in US defense, has made significant strides with its Precision Strike Missile (PrSM) and secured a substantial contract for the Trident II D5 missile program. The company's stock price remains stable, with analysts expecting EPS of $21.94 and a dividend increase to $13.35 per share by 2025.

Lockheed Martin's PrSM successfully demonstrated its capabilities, reaching targets over 400 kilometers away. This new weapon system was launched from both HIMARS and M270A2 systems, showcasing its tactical flexibility. The US Army's successful test of the PrSM is a significant milestone in the Army's modernization efforts.

In other news, Lockheed Martin has been awarded a $647 million contract for the Trident II D5 missile program. This contract, set to run until September 2030, further solidifies the company's position as the sole prime contractor for this critical defense program. The Trident II D5 missiles have been the backbone of US and UK nuclear deterrence since 1990.

Lockheed Martin will report its Q3 results on October 21, with recent contract wins like the PrSM and Trident II D5 programs expected to bolster the company's outlook. Despite recent EPS declines, analysts remain confident in the company's long-term growth potential, reflected in the projected EPS and dividend increase for 2025.