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UK plans £190 million Precision Strike Missile (PrSM) procurement to extend British Army long-range precision strike capability

UK plans £190 million Precision Strike Missile (PrSM) procurement to extend British Army long-range precision strike capability

Lockheed Martin PrSM production framework rises to $13.3 billion after $8.4 billion U.S. agreement through 2032

Lockheed Martin PrSM production framework rises to $13.3 billion after $8.4 billion U.S. agreement through 2032

June 24, 2026
Precision Strike Missile (PrSM) expanded U.S. Army long-range fires as HIMARS and MLRS gained deeper strike and future anti-ship roles

Precision Strike Missile (PrSM) expanded U.S. Army long-range fires as HIMARS and MLRS gained deeper strike and future anti-ship roles

June 21, 2026
Lockheed Martin Australia expands HIMARS and PrSM program with focus on local industry cooperation

Lockheed Martin Australia expands HIMARS and PrSM program with focus on local industry cooperation

May 10, 2026
Australia selects HIMARS and Precision Strike Missile in $2.3 billion boost to Army long-range strike capability

Australia selects HIMARS and Precision Strike Missile in $2.3 billion boost to Army long-range strike capability

April 27, 2026
U.S. Army depletes Precision Strike Missile stock early in Iran conflict as first combat use highlights demand pressures

U.S. Army depletes Precision Strike Missile stock early in Iran conflict as first combat use highlights demand pressures

A representative of the U.S. Army Fires Center of Excellence said the U.S. Army exhausted its entire stockpile of Precision Strike Missiles at the start of operations against Iran.

April 16, 2026
Lockheed Martin and U.S. Department of War agree to increase Precision Strike Missile (PrSM) production capacity

Lockheed Martin and U.S. Department of War agree to increase Precision Strike Missile (PrSM) production capacity

Lockheed Martin and the U.S. Department of War have announced a framework agreement to accelerate production of the Precision Strike Missile.

March 25, 2026
Lockheed Martin successfully tests PrSM Increment 2 missile, expanding U.S. Army capability to strike moving targets

Lockheed Martin successfully tests PrSM Increment 2 missile, expanding U.S. Army capability to strike moving targets

Lockheed Martin has completed the first flight test of the Precision Strike Missile (PrSM) Increment 2, marking a significant step forward in the U.S. Army’s long-range fires modernization program.

March 12, 2026
Northrop Grumman completes successful PrSM Increment 1 rocket motor test for U.S. Army program milestone

Northrop Grumman completes successful PrSM Increment 1 rocket motor test for U.S. Army program milestone

Northrop Grumman has completed a successful static fire test of the Precision Strike Missile (PrSM) Increment 1 rocket motor, underscoring its role in strengthening the U.S. Army’s long-range precision fires capability.

January 20, 2026
Lockheed Martin accelerates U.S. Army’s Precision Strike Missile (PrSM) into full-scale production

Lockheed Martin accelerates U.S. Army’s Precision Strike Missile (PrSM) into full-scale production

Lockheed Martin’s Precision Strike Missile (PrSM) programme has entered full-scale production, marking a major milestone in the U.S. Army’s modernisation efforts aimed at enhancing range, speed and lethality.

October 9, 2025
U.S. Army completes operational test of Lockheed Martin’s Precision Strike Missile (PrSM) Increment 1

U.S. Army completes operational test of Lockheed Martin’s Precision Strike Missile (PrSM) Increment 1

The U.S. Army has successfully concluded the Initial Operational Test and Evaluation of the Precision Strike Missile (PrSM) Increment 1, marking a key milestone in its force modernisation efforts.

October 1, 2025
Australia conducts first test firing of PrSM tactical missile using HIMARS launcher

Australia conducts first test firing of PrSM tactical missile using HIMARS launcher

Australia has successfully test-fired the PrSM missile on its soil for the first time, marking a major step forward in the Albanese Government’s commitment to rapidly enhance the Australian Defence Force’s (ADF) long-range strike capability.

July 28, 2025
Precision Strike Missile (PrSM) cleared for production, boosting U.S. Army’s long-range firepower

Precision Strike Missile (PrSM) cleared for production, boosting U.S. Army’s long-range firepower

The PrSM missile is compatible with both HIMARS and M270A2 MLRS launchers, further enhancing battlefield adaptability.

July 6, 2025
Northrop Grumman propels Precision Strike Missile (PrSM) during launcher integration test

Northrop Grumman propels Precision Strike Missile (PrSM) during launcher integration test

Northrop Grumman's propulsion solution was integral to recent qualification tests demonstrating the readiness and reliability of the U.S. Army’s Precision Strike Missile (PrSM) Increment 1.

June 6, 2025
Australia and United States sign memorandum of understanding on Precision Strike Missile (PrSM) program

Australia and United States sign memorandum of understanding on Precision Strike Missile (PrSM) program

Australia has signed a Memorandum of Understanding (MoU) with the United States to jointly develop, produce, and sustain the next-generation Precision Strike Missile (PrSM).

June 6, 2025
U.S. to accelerate deployment of PrSM Increment 2 missiles, service entry now expected in 2027

U.S. to accelerate deployment of PrSM Increment 2 missiles, service entry now expected in 2027

U.S. Secretary of Defence Pete Hegseth has announced an acceleration in the deployment schedule of the Precision Strike Missile Increment 2 (PrSM Inc 2).

May 5, 2025
Lockheed Martin advances Precision Strike Missile programme with successful qualification tests

Lockheed Martin advances Precision Strike Missile programme with successful qualification tests

Lockheed Martin has successfully completed a series of Production Qualification Tests (PQTs) for its Precision Strike Missile (PrSM) at White Sands Missile Range in New Mexico.

April 30, 2025
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