** Shares of U.S. defense contractor Lockheed Martin LMT.N rise 1.2% to $446.57

** U.S. Army awards LMT indefinite delivery, indefinite quantity contract worth up to $4.94 billion to produce additional Precision Strike Missiles

** Contract enables U.S. Army to efficiently order PrSM units, with significant increase in production capacity to meet growing demand

** Up to last close, stock had fallen 9% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))