Overview
- The Department of Defense gave Lockheed Martin an indefinite-delivery, indefinite-quantity contract with a ceiling of $1.2 billion to procure and mature Precision Strike Missile Increment 2 for the Army.
- Increment 2 adds a multimode seeker designed to let ground-launched PrSMs engage moving land targets and ships, expanding the missile’s mission set beyond fixed-target strikes.
- Flight tests earlier this year validated key functions including launch from HIMARS, deployment of protective covers, and moving-target engagement, and additional tests are scheduled for 2027 while initial production begins.
- Lockheed plans to expand U.S. production capacity, with a stated goal of roughly quadrupling output, a step aimed at replenishing stocks that were heavily used in recent combat operations.
- PrSM is the planned replacement for ATACMS and offers greater magazine depth and extended reach for HIMARS and M270 launchers, fitting the Army’s push for longer-range, mobile precision fires in regions such as the Indo-Pacific.