U.S. Army accelerates PrSM Increment 2 for moving maritime targets under streamlined rapid-fielding acquisition pathway
The U.S. Army is accelerating Precision Strike Missile Increment 2 to field an early capability against moving maritime targets.
Britain targets threefold increase in Army strike reach through PrSM, alongside £590 million long-range rocket artillery programme
Britain will invest a combined £780 million in the Precision Strike Missile programme and long-range rocket artillery, placing extended-range firepower at the centre of its effort to rebuild the Army for NATO warfighting.
Rheinmetall CEO says German ATACMS production could start in late 2027, freeing Lockheed Martin capacity for new PrSM line
Rheinmetall expects to build the required production line next year and begin manufacturing ATACMS Lot 8 in late 2027.
U.S. long-range missile and air defense interceptor stocks near exhaustion after five months of Iran strikes, reports say
The U.S. military has reportedly used virtually all of its ATACMS and Precision Strike Missile inventory during more than five months of operations against Iran.
Lockheed Martin CEO says ATACMS production could move to Germany, opening Arkansas capacity for faster PrSM missile output
Lockheed Martin is working with Rheinmetall to move ATACMS production capacity to Germany, Chief Executive Jim Taiclet said.
UK Ministry of Defence details £190 million PrSM tactical ballistic missile procurement to extend British Army strike range and NATO deterrence
The UK Ministry of Defence said the UK will join the Precision Strike Missile programme to strengthen the British Army’s long-range strike capability.
UK plans £190 million Precision Strike Missile (PrSM) procurement to extend British Army long-range precision strike capability
The Precision Strike Missile, known as PrSM, is manufactured by U.S. defense company Lockheed Martin.
Lockheed Martin PrSM production framework rises to $13.3 billion after $8.4 billion U.S. agreement through 2032
The U.S. Department of War has announced a new agreement with Lockheed Martin to increase the funding framework for purchases of PrSM missiles.
Precision Strike Missile (PrSM) expanded U.S. Army long-range fires as HIMARS and MLRS gained deeper strike and future anti-ship roles
The U.S. Army’s Precision Strike Missile has become a key element in the modernization of American rocket artillery.
Lockheed Martin and L3Harris advance PrSM Increment 4 design after booster-to-ramjet propulsion test
Lockheed Martin, L3Harris and the U.S. Army have successfully completed a key advanced propulsion milestone for Lockheed Martin’s Precision Strike Missile Increment 4 offering.
Lockheed Martin Australia expands HIMARS and PrSM program with focus on local industry cooperation
Lockheed Martin Australia said the Australian government has selected the company’s HIMARS launchers and Precision Strike Missile systems for the Australian Army’s LAND 8113 Phase 2 program.
Australia selects HIMARS and Precision Strike Missile in $2.3 billion boost to Army long-range strike capability
The Australia government has selected the High Mobility Artillery Rocket System (HIMARS) and Precision Strike Missile (PrSM) as part of a A$2.3 billion investment aimed at expanding the Australian Army’s long-range strike capabilities over the next decade.

