Precision Strike Missile System (PrSM)

Lockheed Martin and Venus Aerospace are teaming up to see if a new type of rocket engine can be used to improve the efficiency, range, and speed of future long-range precision strike weapons.

8 July

Europe

Christine Casimiro

UK Allots $254M to Join US Army’s Precision Strike Missile Program

The British Army is expanding its long-range strike capabilities, following the UK government’s announcement that it would join the US Army’s Precision Strike Missile program.

Jun- 2026 -

24 June

Americas

The U.S. Army’s Precision Strike Missile Increment 1 program achieved Milestone C approval on July 2, 2025, signaling the program’s transition into the Production and Deployment phase.

Christine Casimiro

Lockheed Martin Wins $8.4B Deal to Expand Precision Strike Missile Production

The US Army has awarded Lockheed Martin an $8.4-billion contract modification to boost production capacity for the Precision Strike Missile Increment 1 program.

4 June

Americas

Inder Singh Bisht

Ramjet-Powered PrSM Increment 4 Advances Toward Flight Testing

L3Harris Technologies has conducted a key propulsion test for the US Army's ramjet-powered Precision Strike Missile Increment 4 program, paving the way for flight testing to begin in the fall.

Apr- 2026 -

28 April

Asia Pacific

Christine Casimiro

Australia Selects HIMARS Over StrikeMaster for Long-Range Fires

Australia has selected Lockheed Martin’s High Mobility Artillery Rocket System (HIMARS) and the Precision Strike Missile (PrSM) to enhance the army’s long-range strike capabilities.

Mar- 2026 -

13 March

Americas

Joe Saballa

PrSM Increment 2 Takes First Flight With Expanded Strike Envelope

The US Army has taken a major step in expanding the reach of its long-range fires arsenal, completing the first flight test of the Precision Strike Missile Increment 2.

6 March

Arms

Bea Castañeda

Guide to the Precision Strike Missile (PrSM): A New Era in Long‑Range Fires

This guide examines how the PrSM upgrades army capabilities, extends strike distance, and strengthens long-range precision fires against high-value targets.

5 March

Americas

Christine Casimiro